IDEAS home Printed from https://ideas.repec.org/a/elg/ejeepi/v10y2013i2p221-230.html
   My bibliography  Save this article

Capital gains, total returns and saving rates

Author

Listed:
  • Michael Hudson

    (University of Missouri)

Abstract

To focus on the dynamics of how financial wealth is created, obtained, and valued, this paper (1) distinguishes capital gains from income by measuring total returns, and (2) contrasts the capitalized value of rentier income (rent extraction rights and privileges from land, natural resources, and monopolies) from that of industrial profits on tangible capital investment.

Suggested Citation

  • Michael Hudson, 2013. "Capital gains, total returns and saving rates," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(2), pages 221-230.
  • Handle: RePEc:elg:ejeepi:v:10:y:2013:i:2:p221-230
    as

    Download full text from publisher

    File URL: http://www.elgaronline.com/abstract/journals/ejeep/10-2/ejeep.2013.02.06.xml
    Download Restriction: Restricted access

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael Hudson, 2006. "Saving, Asset-Price Inflation, and Debt-Induced Deflation," Chapters,in: Money, Financial Instability and Stabilization Policy, chapter 6 Edward Elgar Publishing.
    2. Michael Hudson, 2011. "Simon Patten on Public Infrastructure and Economic Rent Capture," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(4), pages 874-903, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    national income accounting; saving; capital gains;

    JEL classification:

    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:ejeepi:v:10:y:2013:i:2:p221-230. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Katie Smith). General contact details of provider: http://www.elgaronline.com/ejeep .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.