This lovely graph comes from "Learning too the Improving Relationship Between Investment too q" past times Daniel Andrei, William Mann, too Nathalie Moyen. The careful investment too q measuring larn inwards much amend than like figures I've made for representative Figure iv here. Their newspaper explores the puzzle, but why did q theory function worse earlier 1995?
The graph too bears on the "monopoly" debate. Corporations are making huge profits, stocks are high, even then nosotros don't encounter investment, the floor goes -- marginal q must endure much less than average q, indicating roughly form of fixed subdivision or rent. Not inwards the graph.
