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Abstract

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 time scales have an influence on the perfect symmetry of periodic motion.



Item Type: MPRA Paper -

Original Title: Discrete Time or Continuous Time, That is the Question: the Case of Samuelson’s Multiplier-Accelerator Model-

English Title: Discrete Time or Continuous Time, That is the Question: the Case of Samuelson’s Multiplier-Accelerator Model-

Language: English-

Keywords: Samuelson’s multiplier-accelerator model, time scales, perfect symmetry-

Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology > B41 - Economic MethodologyC - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical MethodsE - Macroeconomics and Monetary Economics > E1 - General Aggregative ModelsE - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal EconomyE - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; CyclesH - Public Economics > H5 - National Government Expenditures and Related Policies-





Autor: Luo, Yinghao

Fuente: https://mpra.ub.uni-muenchen.de/74738/



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