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He identified the 7-11 year fixed investment cycle that is now associated with his name.
The question then becomes what - if anything - to do to preserve the fixed investments on the island.
Also, some said that business fixed investment remained flat, while others described growth as modest.
Here we review the factors which allegedly affect this type of fixed investment.
Business fixed investment is rising, and stock prices, though well off their summer peaks, remain high by many measures.
If there is too much uncertainty about whether their fixed investment will pay off, they are unlikely to engage in it.
Business fixed investment will grow at 4 to 5 percent this year - half that of last year.
Retirees and other people who rely on fixed investments for income will take an effective pay cut.
These are fixed investments which require minimal operating costs once installed.
Fixed investment, as expenditure over a period of time ("per year"), is not capital.
The fixed investment for this plant amounted to 250 million Euros.
We also found that ownership changes do not reduce employment, wages, research and development or fixed investment.
There are important issues arising about the complementarities between fixed investment and training.
Meanwhile, spending on residential fixed investment - basically home building - fell at an annual rate of 15.9 percent.
The final chart shows spending on fixed investment, a category that includes everything from computers to buildings.
Net fixed investment is the value of the net increase in the capital stock per year.
Finally, a recession undermines the business incentive to engage in fixed investment.
His forecast calls for fixed investment by business to be negative because of the tax changes and a leveling off in housing activity.
Internet companies, however, rarely have those fixed investments.
The latest quarter was also the first time since 1991 that residential fixed investment declined in three consecutive quarters.
The gross domestic product fell 2 percent last year, and fixed investment a chilling 10 percent.
The flow of net fixed investment is the time derivative of the capital stock.
The graph below summarizes his argument, assuming again that fixed investment falls (step A).
This is determined by (the ratio of net fixed investment or saving to ) and .
Fixed investment contrasts with investments in labour, ongoing operating expenses, materials or financial assets.