Capital Theory and the Distribution of Income, Volume 4

Preface

Mathematical Notation

Part I: Introduction

Chapter 1. The Problem of Capital

Part II: Equilibrium

Chapter 2. Production without Capital

Chapter 3. Equilibrium, Prices and Time

Chapter 4. Semi-Stationary Growth

Appendix: Existence of Constant-Rate-of-Interest Price Systems

Chapter 5. Marginal Products and Capital

Chapter 6. The Cambridge Model

Part III: Aggregation

Chapter 7. The Aggregation of Miscellaneous Objects

Chapter 8. The Production Function

Part IV: Efficiency

Chapter 9. The Linear Production Model

Chapter 10. Efficiency, Production Prices and Rates of Return

Appendix: Prices and Efficiency for Infinite Developments

Chapter 11. More on the Cambridge Model: Non-Substitution Theory

Chapter 12. The Orthodox Vision

Part V: Investment and the Short Run

Chapter 13. Investment

Chapter 14. The Structure Of Interest Rates

Part VI: Conclusion

Chapter 15. Disputations

Mathematical Appendix

References

Index

Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems. The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming. The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.