An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? - The Macat Library - Padraig Belton - Bøger - Macat International Limited - 9781912128433 - 5. juli 2017
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An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? - The Macat Library 1. udgave

Padraig Belton

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An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? - The Macat Library 1. udgave

Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. But this doesn’t happen – and economist Robert E. Lucas Jr. asked why in his ground-breaking 1990 article on what has become known as the Lucas paradox.


106 pages

Medie Bøger     Paperback Bog   (Bog med blødt omslag og limet ryg)
Udgivet 5. juli 2017
ISBN13 9781912128433
Forlag Macat International Limited
Antal sider 112
Mål 138 × 200 × 7 mm   ·   126 g
Sprog Engelsk  

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