Mankiw, N. G. (1995). The growth of nations. Brookings Papers on Economic Activity, 275-310. Mankiw, N. G., Romer, D. and Weil, D. N. (1992). A contribution to the ...
The Long Term Growth Model (LTGM) is an Excel-based tool to analyze long-term growth scenarios building on the celebrated Solow-Swan Growth Model. The tool can also be used to assess the implications ...
T. S. Eliot, Four Quartets Modern growth theory, which built on the Harrod-Domar model, was born in 1956 with Robert Solow's famous papers and will turn 50 this year. Even the "new" growth theory, ...
Shortly after Solow published his paper, economists began to use his model to see what the relative importance of the three ...
Finally, the Solow Growth Model, which is the foundation of the latest theories on economic growth refers to an exogenous neoclassical model of economic growth representing enhanced capital ...
Nor did he accept predictions that a higher saving rate would lead to increased long-run growth. Second, of the outside influences of the Harrod-Domar model, Solow’s attention was naturally drawn to ...
“It has been the other way. The advance of technology has meant more jobs.” This is Solow back in 1989, two years after his growth model had earned him the Nobel Prize. Has his opinion changed? Solow ...