Multiplier-accelerator model
id:
multiplier-accelerator-model-249-4134403
title:
Multiplier-accelerator model
text:
The multiplier–accelerator model is a macroeconomic model which analyzes the business cycle. This model was developed by Paul Samuelson, who credited Alvin Hansen for the inspiration. This model is based on the Keynesian multiplier, which is a consequence of assuming that consumption intentions depend on the level of economic activity, and the accelerator theory of investment, which assumes that investment intentions depend on the pace of growth in economic activity.
brand slug:
wiki
category slug:
encyclopedia
description:
Economic model
original url:
https://en.wikipedia.org/wiki/Multiplier-accelerator_model
date created:
date modified:
2023-09-24T15:48:02Z
main entity:
{"identifier":"Q20078795","url":"https://www.wikidata.org/entity/Q20078795"}
image:
fields total:
13
integrity:
14