The Changing Roles of Debt and Equity in Financing U.S. Capital Formation

The Changing Roles of Debt and Equity in Financing U.S. Capital Formation
Author :
Publisher : University of Chicago Press
Total Pages : 125
Release :
ISBN-10 : 9780226263434
ISBN-13 : 0226263436
Rating : 4/5 (34 Downloads)

Book Synopsis The Changing Roles of Debt and Equity in Financing U.S. Capital Formation by : Benjamin M. Friedman

Download or read book The Changing Roles of Debt and Equity in Financing U.S. Capital Formation written by Benjamin M. Friedman and published by University of Chicago Press. This book was released on 2009-05-15 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, consisting of papers presented at a conference held at Williamsburg, Va., 2-3 April 1981, is a progress report on the National Bureau of Economic Research project, The Changing Roles of Debt and Equity in Financing U.S. Capital Formation. The National Bureau has undertaken this project—including the conference, the research described in this volume, and the publication of the volume itself—with the support of the American Council of Life Insurance.


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Economists have long recognized the importance of capital accumulation for productivity and economic growth. The National Bureau of Economic Research is current