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Nobel Laureates

Current Profits and Investment Behavior


Volume: Volume 11, No. 2

Issue: Autumn 1980

Pages: pp. 745-748

Authors: Thomas von Ungern-Sternberg

Title: Current Profits and Investment Behavior

Abstract: The aim of this article is to give a simple theoretical foundation to the fairly common observation that the more profits a firm is currently making, the more it will do to ensure its future profitability.


JEL Classification

Business Investment (5220)