The digital edition of all books may be viewed on our website before purchase. Excerpt from Inflation, Uncertainty, and Investment
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book examines the effects of inflation on a firm's investments in fixed assets, particularly machinery. The author analyzes how inflation and interest rates impact the value of tax shields on a firm's assets and the impact of price uncertainty on replacement costs. The text delves into the concept of real options and discusses how the volatility of relative prices affects the choice between short and long-lived assets. Insights from this book can help businesses understand the complex relationship between inflation, interest rates, and investment decisions. The analysis highlights the non-monotonic effect of inflation on investment and the significance of price uncertainty in shaping optimal asset selection. The author argues that a flexible approach to investment, embracing the option value of switching between technologies, can enhance a firm's long-term performance. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334476150_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476150
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476150
Quantité disponible : 15 disponible(s)
Vendeur : moluna, Greven, Allemagne
Etat : New. KlappentextrnrnExcerpt from Inflation, Uncertainty, and InvestmentThis paper considers the effects of inflation, interest rates and uncertainty on a firm s choice between assets of different lives. We first focus on the impact of inflati. N° de réf. du vendeur 2148147069
Quantité disponible : Plus de 20 disponibles