This paper advances understanding of multiplier-accelerator interaction in European
countries in the 21st century. More than eight decades from the contributions of Keynes and …

This paper presents a long-run study of the relationship between autonomous and induced
demand for the United States. Our exercise can be considered a contribution to the …

Innovation and investment are critical to economic growth. In this article, we address the
complex task of evaluating the capacity of regional innovation to increase investment and …

This piece in the series of Milestones starts from the short, clear and highly cited paper by
Samuelson (Rev Econ Stat 21 (2): 75–78, 1939) entitled “Interactions between the Multiplier …

The article discusses one of the classic problems of macroeconomic dynamics, on which the
neo-Keynesian theory of growth is based, so that the interaction between the multiplier and …