TY  - BOOK
AU  - Lewin,Peter
AU  - Cachanosky,Nicolás
TI  - Capital and finance: theory and history 
T2  - Routledge international studies in money and banking
SN  - 9780429631696
AV  - HB501 .L49 2021
U1  - 332/.041 23
PY  - 2021///
CY  - Abingdon, Oxon, New York, NY
PB  - Routledge
KW  - Capital
KW  - Finance
KW  - Economic value added
KW  - Business cycles
KW  - Finances
KW  - Valeur économique ajoutée
KW  - Cycles économiques
KW  - finance
KW  - aat
KW  - BUSINESS & ECONOMICS / Money & Monetary Policy
KW  - bisacsh
KW  - BUSINESS & ECONOMICS / Finance
KW  - BUSINESS & ECONOMICS / Economics / Theory
KW  - fast
KW  - Electronic books
N1  - Includes bibliographical references and index
N2  - "This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA®). A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. The first one relates to the dual meaning of capital, one as a monetary fund and the other one as physical (capital) goods. The second concerns its implications for business cycle theories. This second topic (1) provides a solid financial microeconomic foundation for business cycles and, also (2) makes it easy to compare different business cycle theories across the average period of production dimension. By clarifying the obscure concept of average period of production, the authors make it easier to analyze the similarities with and differences from other business cycle theories. By connecting finance with capital theory, they provide a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles. Finally, they emphasize that the relevance of their application rests on both its policy implications and its contributions to contemporary economic theory"--
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2411594
ER  -