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 ...
Solow developed a landmark model that fundamentally changed research on how economies develop and grow. Now Professor Emeritus at the Massachusetts Institute of Technology (MIT), Solow won the Nobel ...
In the 1950s, the story of economic growth was a story about capital. “Most economists thought the key was the accumulation of capital, the slow process of saving, of investing and building,” he says.
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, ...
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 ...
Shortly after Solow published his paper, economists began to use his model to see what the relative importance of the three ...