it incorporates all the information that is of relevance to the firm. Under some conditions Tobin's marginal
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it incorporates all the information that is of relevance to the firm. Under some conditions Tobin's marginal q coincides with average q, which can be measured in a relatively straightforward fashion by looking at the stockmarket value of the firm.
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Related Book For
Foundations Of Modern Macroeconomics
ISBN: 9781264857937
1st Edition
Authors: Ben J. Heijdra, Frederick Van Der Ploeg
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