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Post-War Capital Accumulation and the Threat of Nuclear War

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NBER1982-05-01 更新2025-01-04 收录
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The hypothesis of this paper is that the performance and, in particular, the rate of capital accumulation of the post-war U.S. economy has been influenced by the changes in the public perception of the threat of a catastrophic nuclear war. An increased threat shortens the expected horizon of

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1982-05-01
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