The Changing Roles of Debt and Equity in Financing U.S. Capital Formation

- Contents

Acknowledgment
Introduction
Benjamin M. Friedman
1. Inflation, Resource Utilization, and Debt and Equity Returns
Patric H. Hendershott
2. Risk and Return: A New Look
Burton G. Malkiel
3. Investment Strategy in an Inflationary Environment
Zvi Bodie
4. Changing Balance Sheet Relationships in the U.S. Manufacturing Sector, 1926-77
John H. Ciccolo, Jr.
5. Private Pensions as Corporate Debt
Martin Feldstein
6. Debt and Economic Activity in the United States
Benjamin M. Friedman
List of Contributors
Economics and Business: Economics--Government Finance
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