Discrete Time or Continuous Time, that is the Question: The Case of Samuelson’s Multiplier-Accelerator Model
A basic problem in economic dynamics is the choice of continuous-time or discrete-time in mathematical modeling. In this paper, we study the continuous-time Samuelson’s multiplier-accelerator model and compare this continuous-time model with its classical discrete-time model. We find that although t...
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Veröffentlicht in: | Theoretical and practical research in economic fields 2016, Vol.VII (14), p.155-159 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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