Trade-cycle oscillations: the Kaldor model and the Keynesian Hansen-Samuelson principle of acceleration and multiplier

Giuseppe Orlando

In this chapter, in Sect. 12.1 we provide a sketch of the Keynesian multiplier and the multiplier–accelerator model by Hansen and Samuelson. The description of the Kaldor model (Sect. 12.2) is introduced by the related literature (Sect. 12.2.1). As Kaldor described his model only qualitatively, the equations used for explaining the model have been formalized by the related literature.

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Year of publication:	2021
Authors:	Orlando, Giuseppe
Published in:	Nonlinearities in economics : an interdisciplinary approach to economic dynamics, growth and cycles. - Cham : Springer, ISBN 978-3-030-70981-5. - 2021, p. 169-176
Subject:	Hansen-Samuelson multiplier-accelerator model \| Kaldor model \| Keynesian multiplier \| Multiplikator \| Multiplier \| Keynesianismus \| Keynesian economics \| Makroökonomik \| Macroeconomics \| Konjunkturtheorie \| Business cycle theory \| Akzelerator \| Accelerator

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz im Buch ; Book section ; Konferenzbeitrag ; Conference paper
Language:	English
Other identifiers:	10.1007/978-3-030-70982-2_12 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012648041