APPLICATION OF TOBIN'S 'Q' IN A DYNAMIC GENERAL EQUILIBRIUM MODEL

• Authors: Dintcheva-Bis D.
• Languages of publication: PL

Abstracts

EN

The paper presents a deterministic version of dynamic general equilibrium model of an open economy based on intertemporal consumption and investment optimization by representative agents. The authoress derives the intertemporal conditions for the optimal value of the ratio of investment relative to the existing capital stock on the base of the marginal value of tax-adjusted Tobin's 'q'

Keywords

EN

DYNAMIC GENERAL EQUILIBRIUM MODEL; INTERTEMPORAL OPTIMIZATION; TOBIN'S 'Q'

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Główny Urząd Statystyczny
• Journal: Przegląd Statystyczny
• Year: 2006
• Volume: 53
• Issue: 4
• Pages: 82-101
• Document type: ARTICLE

Contributors

author

Dintcheva-Bis D.

• D. Dintcheva-Bis, ul. Dunajec 18, 92-008 Lódz, Poland

Identifiers

CEJSH db identifier

07PLAAAA02204654