interactions between the multiplier analysis and the principle of acceleration

interactions between the multiplier analysis and the principle of acceleration

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1、InteractionsbetweentheMultiplierAnalysisandthePrincipleofAccelerationAuthor(s):PaulA.SamuelsonSource:TheReviewofEconomicsandStatistics,Vol.21,No.2(May,1939),pp.75-78Publishedby:TheMITPressStableURL:http://www.jstor.org/stable/1927758.Accessed:31/05/201313:15YouruseoftheJSTORarchiv

2、eindicatesyouracceptanceoftheTerms&ConditionsofUse,availableat.http://www.jstor.org/page/info/about/policies/terms.jsp.JSTORisanot-for-profitservicethathelpsscholars,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnol

3、ogyandtoolstoincreaseproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org..TheMITPressiscollaboratingwithJSTORtodigitize,preserveandextendaccesstoTheReviewofEconomicsandStatistics.http://www.jstor.orgThiscontentdownloadedfrom14

4、0.247.11.35onFri,31May201313:15:04PMAllusesubjecttoJSTORTermsandConditionsINTERACTIONSBETWEENTHEMULTIPLIERANALYSISANDTHEPRINCIPLEOFACCELERATIONFEWeconomistswoulddenythatthe"mul-privateinvestment,assumedaccordingtothetiplier"analysisoftheeffectsofgovern-familiaraccelerationprincipl

5、etobepropor-mentaldeficitspendinghasthrownsomelighttionaltothetimeincreaseofconsumption.Theuponthisimportantproblem.Nevertheless,introductionofthelastcomponentaccountsfortherewouldseemtobesomegroundforthethenoveltyoftheconclusionsreachedandalsofearthatthisextremelysimplifiedmechan

6、ismtheincreasedcomplexityoftheanalysis.isindangerofhardeningintoadogma,hinder-Anumericalexamplemaybecitedtoillumi-ingprogressandobscuringimportantsub-natetheassumptionsmade.Weassumegov-sidiaryrelationsandprocesses.Itishighlyernmentaldeficitspendingofonedollarperdesirable,therefore

7、,thatmodelsequences,unitperiod,beginningatsomeinitialtimeandwhichoperateundermoregeneralassumptions,continuingthereafter.Themarginalpropen-beinvestigated,possiblyincludingtheconven-sitytoconsume,a,istakentobeone-half.Thistionalanalysisasaspecialcase.'istakentomeanthattheconsumptio

8、nofanyInparticular,the"multiplier

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