The objective of this paper is to extend the model of linear multipliers to represent the circular flow in an open economy. Specifically, we incorporate the links between the domestic economy and the foreign sector in the calculation of generalised multipliers. Additionally, we present a...

Social accounting matrices (SAM) are a numerical scheme of the circular flow. The SAM-based multipliers can be used to determine the changes in the relative income of the economic agents. In this paper we investigate the process of income distribution in the Catalan Economy, using the linear...