Personal Fortunes, Inheritance and Investment Behaviour

Abstract

It may seem unusual for economists to approach the question of investment behaviour from the standpoint of wealth. Personal fortunes are a stock while investment is a flow and the traditional approach associates with income and other flow concepts.

Citation

Harbury, C.D. and Hitchens, D.M.W.N. (1983), "Personal Fortunes, Inheritance and Investment Behaviour", Managerial Finance, Vol. 9 No. 3/4, pp. 9-14. https://doi.org/10.1108/eb013524