附註:Includes bibliographical references (pages 41-42).
Investing for Productivity and Prosperity -- Copyright -- Preface -- Contents -- SUMMARY -- RESTRUCTURING, INVESTMENT, AND GROWTH -- SAVING AND INVESTMENT -- ASSESSING THE CAUSES OF THE INVESTMENT PROBLEM -- Cost of Capital -- Cost of Borrowed Funds and Cost of Equity -- The Capital Allocation System and Investment Time Horizons -- Deficit Reduction -- Promotion of Saving -- Tax Reform -- Changes in the Capital Allocation System -- CONCLUSION -- THE IMPERATIVE OF GROWTH -- HISTORICAL AND COMPARATIVE PERFORMANCE -- SOURCES OF LOWER SAVING
Hurdle rates and investment decisionswhy do hurdle rates differ? -- source of the cost of equity disparity -- hurdle rates, time horizons, and capital allocation systems in the industrial countries -- conclusions and recommendations -- tax reform to reduce the cost of capital and lengthen time horizons in the united states -- lengthening managerial time horizons -- developing a cadre of long-term investors -- recapitulation -- taking the long view of policy reform -- references
