@article {10.3844/jssp.2005.126.127,
article_type = {journal},
title = {Cash Flow as an Investment Determinant: A Note on Coen's Speed of Adjustment Model },
author = {Anastasiou, Thomas A.},
volume = {1},
year = {2005},
month = {Sep},
pages = {126-127},
doi = {10.3844/jssp.2005.126.127},
url = {https://thescipub.com/abstract/jssp.2005.126.127},
abstract = {Investment models incorporating liquidity as an investment determinant and experimenting on the two possible roles that liquidity can play in an investment process - that of a direct capital stock determinant and that of a speed of adjustment determinant - should have to make a parallel search of the significance of the liquidity regressor under both assumptions, if a specific role is to be attributed to liquidity. Coen's leading model on the speed of adjustment is shown not to provide that distinction. JEL classification: E22, E62.  },
journal = {Journal of Social Sciences},
publisher = {Science Publications}
}