Business Acceleration and the Law of Demand¶
Clark. (1917). Business Acceleration and the Law of Demand: A Technical Factor in Economic Cycles. Journal of Political Economy.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Accelerator Effect
- The pattern was formalized by J. M. Clark in 1917 and became a building block of Paul Samuelson's multiplier-accelerator model of the business cycle
This sourceClark's own numerical illustration of capacity ordering, the arithmetic the worked example reproduces.
Supported in partVerified against a saved copy of the source
“new construction depends upon the acceleration”
- The pattern was formalized by J. M. Clark in 1917 and became a building block of Paul Samuelson's multiplier-accelerator model of the business cycle
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