Zobrazeno 1 - 1
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pro vyhledávání: '"Keynesian national-income model"'
Publikováno v:
Journal of Economics and Political Economy; Vol 6, No 4 (2019): December; 368-382
This paper revisits the standard multiplier-accelerator model, as advanced by Samuelson. While borrowing on the main assumptions of the multiplier-accelerator, we check the validity of Keynesian theory. Using higher-order difference equations and adv