The Samuelson's model as a singular discrete time system
In this paper we revisit the famous classical Samuelson's multiplier-accelerator model for national economy. We reform this model into a singular discrete time system and study its solutions. The advantage of this study gives a better understanding of the structure of the model and more deep an...
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Zusammenfassung: | In this paper we revisit the famous classical Samuelson's
multiplier-accelerator model for national economy. We reform this model into a
singular discrete time system and study its solutions. The advantage of this
study gives a better understanding of the structure of the model and more deep
and elegant results. |
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DOI: | 10.48550/arxiv.1705.01350 |