Jim Devine wrote: > Excess saving can temporarily go into very liquid assets, keeping >the longer-term interest rates (the ones that count in causing real >investment) I thought the interest rate effect on investment was hard to prove, and that the tightest determinant of investment was profits. Doug
- Re: Re: Re: Re: Implications of Surplus Tax Cut? Ellen Frank
- Re: Re: Re: Re: Re: Implications of Surplus Tax Cut... Doug Henwood
- Re: Re: Re: Re: Re: Re: Implications of Surplus Tax... Ellen Frank
- Re: Re: Re: Re: Re: Re: Re: Implications of Surplus... Doug Henwood
- Re: Re: Re: Re: Re: Re: Re: Re: Implications of Sur... Ellen Frank
- Re: Re: Re: Re: Re: Re: Re: Re: Re: Implications of... Doug Henwood
- Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Implication... Ellen Frank
- Re: implications of Surplus Tax Peter Dorman
- Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Implicat... Doug Henwood
- hoarding Jim Devine
- Re: Re: hoarding Doug Henwood
- Re: Re: hoarding Jim Devine
- RE: Re: Re: hoarding Max Sawicky
- Re: RE: Re: Re: hoarding Brad DeLong
- Re: Re: RE: Re: Re: hoarding Jim Devine
- Re: Re: Re: Re: Re: Implications of Surplus Tax Cut... Barnet Wagman
- "Speculative" vs "real" investme... Peter Dorman
- RE: "Speculative" vs "real" inve... Lisa & Ian Murray
- Re: RE: "Speculative" vs "real" ... Peter Dorman
- RE: Re: RE: "Speculative" vs "real&qu... Lisa & Ian Murray
- Re: Re: RE: "Speculative" vs "real&qu... Brad DeLong