Q Is Ameliorate Than Yous Think
This lovely graph comes from "Learning in addition to the Improving Relationship Between Investment in addition to q" yesteryear Daniel Andrei, William Mann, in addition to Nathalie Moyen. The careful investment in addition to q mensuration arrive much ameliorate than like figures I've made for illustration Figure iv here. Their newspaper explores the puzzle, simply why did q theory operate worse earlier 1995?
The graph equally good bears on the "monopoly" debate. Corporations are making huge profits, stocks are high, withal nosotros don't come across investment, the storey goes -- marginal q must endure much less than average q, indicating to a greater extent than or less form of fixed subdivision or rent. Not inwards the graph.
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