Why 'financialisation' hasn't depressed US productive investment

The rate of capital accumulation in the USA has fallen markedly in recent decades. Works in the financialisation literature have tried to explain this phenomenon by arguing that rising financial payments and purchases have come at the expense of productive investment. This article shows that such ar...

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Veröffentlicht in:	Cambridge journal of economics 2015-01, Vol.39 (1), p.67-92
Hauptverfasser:	Kliman, Andrew, Williams, Shannon D.
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital accumulation Decades Investment Neoliberalism Payments Portfolio investments Profit Profitability Studies Trade-off Tradeoff analysis U.S.A
Online-Zugang:	Volltext
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