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Peut expliquer les evolutions du rendement du capital, de la dette des entreprises, des cours boursiers, de l'investissement et de la dette exterieure aux Etas-Unis?

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  • Artus, P.

Abstract

Depuis le debut des annees 1990, on a observe aux Etats-Unis une hausse de l'investissement des entrreprises, du levier (ratio dette/fonds propres), des cours boursiers et de la dette exterieure. Nous essayons de construire un modele theorique qui explique les comportements d'investissement, de financement et d'epargne pour comprendre les causes sous-jacentes de ces evolutions.

Suggested Citation

  • Artus, P., 1998. "Peut expliquer les evolutions du rendement du capital, de la dette des entreprises, des cours boursiers, de l'investissement et de la dette exterieure aux Etas-Unis?," Papers 1998-32/ma, Caisse des Depots et Consignations - Cahiers de recherche.
  • Handle: RePEc:fth:cadeco:1998-32/ma
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    Keywords

    INVESTISSEMENTS ; MARCHE FINANCIER Services des etudes economiques et financieres; 195 Boulevard Saint-Germain-75005 Paris; France. 30p.;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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