Ortega, Fernando; Barros, Maria Filomena - In: Journal of economic structures : JES; the official … 9 (2020) 36, pp. 1-10
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...