Series: IMF Working Papers
Author(s): Nazim Belhocine
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2009
Keywords: q-Theory, Unrecorded Capital, capital stock, capital formation, capital accumulation, stock market, Financial Markets and the Macroeconomy,
This paper measures the size of the stock of intangible capital in Canada using newly released data on the market value of all securities in the economy. The approach taken relies on a quantitative application of t...