Some Aspects of the Pure Theory of Capital

S-Tier
Journal: Quarterly Journal of Economics
Year: 1937
Volume: 51
Issue: 3
Pages: 469-496

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Definition of an investment account, 469. — Relationships between capitalized value, depreciation, and income holding at all times under any rate of discount, 470. — Necessary equality between capital invested and value of investment account derived by capitalization, 474.— Definition and derivation of internal rate of interest; its relation to market rate, 475. — Identification under ideal conditions of market value of investment account with capitalized value, 477.— Problem of optimum determination of variables; maximization of internal rate vs. maximization of present value of assets, 478.— Demonstration that all principles remain invariant under a varying interest rate, 483.— Mathematical appendix I, 488,— Mathematical appendix II, 492.

Technical Details

RePEc Handle
repec:oup:qjecon:v:51:y:1937:i:3:p:469-496.
Journal Field
General
Author Count
1
Added to Database
2026-01-29