Zobrazeno 1 - 10
of 137
pro vyhledávání: '"J. E. Woods"'
Autor:
J. E. Woods
Publikováno v:
Journal of the History of Economic Thought. 44:579-599
Surprisingly, Benjamin Graham, the acknowledged “Father of Value Investing,” considered his most important work to be the invention of the Commodity Reserve Currency Plan during the 1930s and 1940s. Previous studies of the Plan have overlooked th
Autor:
J E Woods
Publikováno v:
Cambridge Journal of Economics. 45:1069-1097
Doubtless writing tongue-in-cheek to the Estates Committee of King’s College in 1938, Keynes remarked that it was safer to be a speculator than an investor. In the 1920s when first assuming responsibility for the College endowment, he had been a sp
Autor:
J. E. Woods
Publikováno v:
Journal of the History of Economic Thought. 42:79-104
In 1924, Edgar Lawrence Smith published a monograph presenting evidence aimed at overturning the conventional view that equities were speculative and bonds were the only long-term investments. This was immediately so successful that such eminent comm
Autor:
J. E. Woods
Publikováno v:
Journal of Post Keynesian Economics. 43:36-60
Decomposition analysis, which breaks down the Total Return on an asset into constituents of Income Yield, Income Growth and the Revaluation Effect, can be used prospectively and retrospectively. To...
Autor:
J. E. Woods
Publikováno v:
The Journal of Portfolio Management. :jpm.2022.1.425
Autor:
J E Woods
Publikováno v:
Cambridge Journal of Economics. 42:231-257
Recent publications, such as the two-volume Oxford Handbook of Post-Keynesian Economics (Harcourt and Kreisler, 2013) and the Elgar Companion to Post-Keynesian Economics (King, 2012), provide authoritative summaries of the current state of the art on
Autor:
J. E. Woods
Publikováno v:
Cambridge Journal of Economics. 41:147-180
We take the opportunity of the recent Consultation Exercise on UK defined–benefit pension schemes conducted by the Pensions Regulator to examine the approach to pension scheme portfolio management that it and the related Pension Protection Fund hav
Autor:
J. E. Woods
Publikováno v:
Cambridge Journal of Economics. 40:775-796
The 2012 Kay Review of UK Equity Markets and Long-term Decision Making confirmed that short-termism was a problem. Identifying asset managers as the dominant players in the investment chain, Mr Kay concluded that their appointment and monitoring was
Autor:
J. E. Woods
Publikováno v:
Cambridge Journal of Economics. 37:423-442
As Keynes himself admitted in 1938, his approach to portfolio management changed dramatically during the course of his career. He abandoned 'speculation' in favour of 'investment'—namely, a 'careful selection of a few investments … having regard
Autor:
J. E. Woods
Publikováno v:
Cambridge Journal Of Economics. 37(6):1431-1435
In a recent article in this journal, Luigi L. Pasinetti not only reminded us of the role played by the Modigliani–Miller (MM) theorem in the current crisis but also provided a critique based on examining its underlying assumptions. In this note, I