A Marriage between Investment Multiplier and Credit Multiplier

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概要

• 論文の詳細を見る

• It has been more than forty years since economic theory accepted the credit multiplier and the investment multiplier. But any study to clarify the relation between both of these multipliers has not appeared. Before I set about this investigation, I had imagined that the credit multiplier represented a different phase of the same phenomenon from that of the investment multiplier, and that the former, moreover, showed the possible limit of the latter. But I have become aware of that this imagination was maybe wrong. Though there would rise any point to modify minorly, I believe that this framework is not wrong.

• 1974-03-30

著者

• Mabuchi Toru

  School Of Economics University Of Osaka Prefecture

関連論文

• A Marriage between Investment Multiplier and Credit Multiplier

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