[OPE] The Rate of Profit as a Random Variable

From: Jurriaan Bendien (adsl675281@tiscali.nl)
Date: Fri Jun 27 2008 - 07:15:21 EDT


It's a brilliant dissertation. Ideally, you'd want to adjust profit, turnover and asset measures for differential inflation rates though (since particularly in times of high inflation, nobody will evaluate profitability simply in nominal terms, and given sectoral differences in price inflation rates). In the UK, there are official series available e.g. for the MM17, MM22 and PPI although these do not cover all years in the data set. 

J.



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