The Samuelson's model as a singular discrete time system
Dynamical Systems
2017-05-04 v1
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.
Cite
@article{arxiv.1705.01350,
title = {The Samuelson's model as a singular discrete time system},
author = {Nicholas Apostolopoulos and Fernando Ortega and Grigoris Kalogeropoulos},
journal= {arXiv preprint arXiv:1705.01350},
year = {2017}
}