Luiz Carlos Bresser-Pereira
1970. Paper publicado com Texto para Discussão
EC-MACRO-L-066,Departamento de Análise e Planejamento Econômico da EAESP/FGV, 1970.
Adopting a classical perspective, this paper argues that variations in the expected profit rate and the corresponding shifts of the marginal efficiency of capital curve are more important in explaining investments than variations in the interest rate that work along the marginal efficiency curve.
