Investing for productivity and prosperity / Board on Science, Technology, and Economic Policy, National Research Council.

Format:

Book

Contributor:

National Research Council (U.S.). Board on Science, Technology, and Economic Policy.

Language:

English

Subjects (All):

Saving and investment--United States.

Saving and investment.

Wealth--United States.

Wealth.

Physical Description:

1 online resource (50 p.)

Place of Publication:

Washington, D.C. : National Academy Press, 1994.

Language Note:

English

Contents:

""Investing for Productivity and Prosperity""; ""Copyright""; ""Preface""; ""Contents""; ""SUMMARY""; ""RESTRUCTURING, INVESTMENT, AND GROWTH""; ""SAVING AND INVESTMENT""; ""ASSESSING THE CAUSES OF THE INVESTMENT PROBLEM""; ""Cost of Capital""; ""Cost of Borrowed Funds and Cost of Equity""; ""The Capital Allocation System and Investment Time Horizons""; ""Deficit Reduction""; ""Promotion of Saving""; ""Tax Reform""; ""Changes in the Capital Allocation System""; ""CONCLUSION""; ""THE IMPERATIVE OF GROWTH""; ""HISTORICAL AND COMPARATIVE PERFORMANCE""; ""SOURCES OF LOWER SAVING""

""HURDLE RATES AND INVESTMENT DECISIONS""""WHY DO HURDLE RATES DIFFER?""; ""SOURCE OF THE COST OF EQUITY DISPARITY""; ""HURDLE RATES, TIME HORIZONS, AND CAPITAL ALLOCATION SYSTEMS IN THE INDUSTRIAL COUNTRIES""; ""CONCLUSIONS AND RECOMMENDATIONS""; ""TAX REFORM TO REDUCE THE COST OF CAPITAL AND LENGTHEN TIME HORIZONS IN THE UNITED STATES""; ""LENGTHENING MANAGERIAL TIME HORIZONS""; ""DEVELOPING A CADRE OF LONG-TERM INVESTORS""; ""RECAPITULATION""; ""TAKING THE LONG VIEW OF POLICY REFORM""; ""REFERENCES""

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 41-42).

ISBN:

0-309-57395-5