A Contribution to the Theory of the Trade Cycle

acceleration principle accelerator accelerator theory actual adjustment analysis argument assumed assumption autonomous investment become begin change in output chapter constant consumption function consumption lags converge course curve cycle cyclical damped demand depends diagram difference equation disinvestment downswing effect elastic equal equi equilibrium level equilibrium line equilibrium output equilibrium path expansion explosive fall in output fixed capital fluctuations follows full boom given gross investment happen Harrod hump important increase in output induced investment Kahn Keynes Keynes's Keynesian largest root level of output librium liquid capital liquidity liquidity preference long rate major roots ment middle point monetary system moving equilibrium multiplier theory net investment number of periods phase positive possible progressive equilibrium rate of growth rate of interest reached remain S-curve saving coefficient scale-line short financ short oscillations slump solution sort static equilibrium stationary suppose tend thing time-shape tion upswing zero