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Matrix Multiplier

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The New Palgrave Dictionary of Economics
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Abstract

The matrix multiplier is a generalization of Kahn’s scalar multiplier. The term was introduced by Goodwin (1949), though similar work was done independently by Chipman (1949, 1950a, 1951).

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Bibliography

  • Chipman, J.S. 1949. The generalized bi-system multiplier. Canadian Journal of Economics and Political Science 15: 176–189.

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  • Chipman, J.S. 1950a. The multi-sector multiplier. Econometrica 18: 355–374.

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  • Chipman, J.S. 1950b. Professor Goodwin’s matrix multiplier. Economic Journal 60: 753–763.

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  • Chipman, J.S. 1951. The theory of inter-sectoral money flows and income formation. Baltimore: Johns Hopkins Press.

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  • Goodwin, R.M. 1949. The multiplier as matrix. Economic Journal 59: 537–555.

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  • Goodwin, R.M. 1950. Does the matrix multiplier oscillate? Economic Journal 60: 764–770.

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  • Pyatt, G., Roe, A.R., and associates. 1977. Social accounting for development planning with special reference to Sri Lanka. Cambridge: Cambridge University Press.

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  • Round, J.I. 1984. Decomposing multipliers for economic systems involving regional and world trade. Economic Journal 95: 383–399.

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Stone, J.R.N. (2018). Matrix Multiplier. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_727

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