Wicksell's theory of capital
id:
wicksell-s-theory-of-capital-234-985632
title:
Wicksell's theory of capital
text:
Named after Swedish economist Knut Wicksell (1851-1926), Wicksell's theory of capital examines factor prices as derived from the value of the marginal product. Wicksell pointed out that in an equilibrium situation, the interest rate would exceed the value of the marginal product of capital because the aggregate stock of capital would be revalued due to changes in the interest rate.
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Wicksell%27s_theory_of_capital
date created:
date modified:
2024-01-27T19:06:44Z
main entity:
{"identifier":"Q7998451","url":"https://www.wikidata.org/entity/Q7998451"}
image:
fields total:
13
integrity:
13