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...

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...

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...

extensions by David Cass and Tjalling Koopmans in the 1960s. The model extends the Solow–Swan model by endogenizing the savings rate through explicit microfoundations...

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...

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...

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...

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

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...

)[\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...

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...

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

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

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...

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

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

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

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

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

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

In the model, economic growth was unstable. The Solow–Swan model that followed several years later borrowed heavily from the Harrod-Domar model and used...

of the Variance-gamma distribution Trevor Swan – economist best known for his work on the Solow-Swan Model Justin Wolfers – economist of Wharton School...

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

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...

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

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...

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...

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

demand–aggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic model that explains short-run...