Long-Run Equilibrium Ratios of Business Investment to Output in the United Kingdom

Over the past 20 years, the constant-price and current-price ratios of business investment to total output have behaved very differently. In this article we use a simple framework to examine how these two ratios should behave in long-run equilibrium. We investigate the conditions in which each ratio will be constant and, more generally, consider how each might evolve over time

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Year of publication:	[2005]
Authors:	Ellis, Colin
Other Persons:	Groth, Charlotta (contributor)
Publisher:	[2005]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (11 p)
Type of publication:	Book / Working Paper
Notes:	In: Bank of England Quarterly Bulletin, Summer 2003
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012784741