%A LUO, Yinghao
%A LUO, Mingmin
%D 2017
%T DISCRETE TIME OR CONTINUOUS TIME, THAT IS THE QUESTION: THE CASE OF SAMUELSON’S MULTIPLIER-ACCELERATOR MODEL
%K
%X 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 although time scales do not affect the probability of return to equilibrium solution in Samuelson’s multiplier-accelerator model, but time scales have an influence on the perfect symmetry of periodic motion.
%U https://journals.aserspublishing.eu/tpref/article/view/1264
%J Theoretical and Practical Research in the Economic Fields
%0 Journal Article
%R 10.14505//tpref.v7.2(14).04
%P 155-159%V 7
%N 2
%@ 2068-7710
%8 2017-07-12