The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Multiplier–Accelerator Interaction

  • A. Medio
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_744

Abstract

The phrase ‘multiplier–accelerator’ refers to a combination of a theory of income as determined by investment and a theory of investment as determined by the rate of change of income.

JEL Classifications

E2 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • A. Medio
    • 1
  1. 1.