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arXiv · 1705.01350

The Samuelson's model as a singular discrete time system

Nicholas Apostolopoulos·Fernando Ortega·Grigoris Kalogeropoulos
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Abstract

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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Nicholas Apostolopoulos, Fernando Ortega, Grigoris Kalogeropoulos. 2017-05-03. The Samuelson's model as a singular discrete time system. https://arxiv.org/abs/1705.01350

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