The Solow–Swan model or exogenous growth model is an economic model of long-run economic growth. It attempts to explain long-run economic growth by looking...

academic dialogue that led to the development of the Solow–Swan model. According to the Harrod–Domar model there are three kinds of growth: warranted growth...

Vishny. Robert Solow and Trevor Swan developed what eventually became the main model used in growth economics in the 1950s. This model assumes that there...

)[\ln(A(t))]+\varepsilon .\,} Breton estimates the Solow residual for the human capital-augmented version of the Solow-Swan model over the 20th century. He finds that...

David Cass and Tjalling Koopmans. The Ramsey–Cass–Koopmans model differs from the Solow–Swan model in that the choice of consumption is explicitly microfounded...

Winchester Swan (14 January 1918 – 15 January 1989) was an Australian economist. He is best known for his work on the Solow–Swan growth model, published...

Growth model can refer to: Population dynamics in demography Economic growth Solow–Swan model in macroeconomics Fei-Ranis model of economic growth Endogenous...

the development of the Solow–Swan model. The model was developed separately and independently by Robert Solow and Trevor Swan in 1956, in response to...

such as the Solow–Swan model. They favored a model that replaced the exogenous growth variable (unexplained technical progress) with a model in which the...

steady state level of the growth of consumption, as for example in the Solow–Swan model. Although the concept can be found earlier in the work of John von...

Solow's model of economic growth, often known as the Solow–Swan neoclassical growth model as the model was independently discovered by Trevor W. Swan...

economy. Cobb–Douglas model of production Solow–Swan model of economic growth Lucas islands model of money supply Heckscher–Ohlin model of international trade...

incomes will tend to grow at faster rates than richer economies. In the Solow-Swan model, economic growth is driven by the accumulation of physical capital...

banking, airline, hotel, and rental car reservations, to name a few. Solow–Swan model General-purpose technology Productivity-improving technologies Brynjolfsson...

welfare model socioeconomics sole proprietorship A business owned and operated by one person. solidarity economy Solow residual Solow–Swan model...

growth models like the Solow–Swan model, the Ramsey–Cass–Koopmans model and Peter Diamond's overlapping generations model. Quantitative models include...

attention to formal education rather than learning-by-doing. While in Solow-Swan model human capital is constant which leads to no transitional dynamics,...

economic growth" Harvard University Massachusetts Institute of Technology Solow–Swan model 1988 Maurice Allais (1911–2010)  France "for his pioneering contributions...

extensive studies of long-run growth during the 1950s and 1960s. The Solow–Swan model, for example, established the primacy of technological progress in...

Solow-Swan assumptions while the Southern economy is operating under Lewis growth assumptions. However, for the purposes of simplicity of this model,...

of the Philippines Asian Center (1980–1985). Robert Solow, 99, American economist (Solow–Swan model), Nobel Prize laureate (1987). Alexei Starobinsky,...

American economist Robert Solow (1924–2023) and Australian economist Trevor Swan (1918–1989) proposed the Solow–Swan model, based on productivity, capital...

Economic growth Solow–Swan model k ′ ( t ) = s [ k ( t ) ] α − δ k ( t ) {\textstyle k'(t)=s[k(t)]^{\alpha }-\delta k(t)} Ramsey–Cass–Koopmans model Dynamic stochastic...

Shepherd, J. (July 1975). "On the Asymptotic Solution of the Lagerstrom Model Equation". SIAM Journal on Applied Mathematics. 29 (1): 110–120. doi:10...

effects. A similar argument was introduced by economist James Tobin. Solow–Swan model Mundell, R. (1963). "Inflation and Real Interest". Journal of Political...

is no more microfounded than simpler models such as the Solow–Swan model. As long as a macroeconomic growth model assumes an excess demand function satisfying...

(Coast to Coast AM), author and academic (b. 1960) Robert Solow, 99, economist (Solow–Swan model), Nobel Prize recipient (1987) (b. 1924) December 22 Laura...

are often called ‘models’. Examples include the IS-LM model and Mundell–Fleming model of Keynesian macroeconomics, and the Solow model of neoclassical growth...

model, or Hicks–Hansen model, is a two-dimensional macroeconomic model which is used as a pedagogical tool in macroeconomic teaching. The IS–LM model...

level of saving corresponds to the Golden Rule savings rate of the Solow growth model and thus guarantee intertemporal efficiency. Along the same lines...