• The RamseyCassKoopmans model (also known as the Ramsey growth model or the neoclassical growth model) is a foundational model in neoclassical economics...
    27 KB (3,778 words) - 19:15, 10 May 2025
  • create what is now known as the RamseyCassKoopmans model. The Solow–Swan model was an extension to the 1946 Harrod–Domar model that dropped the restrictive...
    35 KB (4,942 words) - 13:50, 13 May 2025
  • equilibrium theory. His most famous work was on the RamseyCassKoopmans model of economic growth. David Cass was born in 1937 in Honolulu, Hawaii. He earned...
    34 KB (4,278 words) - 15:46, 8 June 2025
  • technical progress again at a steady rate, giving birth to a model named the RamseyCassKoopmans model where the objective now is to maximise household's utility...
    39 KB (4,296 words) - 00:44, 19 June 2025
  • goods x ( t ) {\displaystyle \mathbf {x} (t)} . In economics, the RamseyCassKoopmans model is used to determine an optimal savings behavior for an economy...
    22 KB (3,975 words) - 08:46, 9 August 2024
  • Thumbnail for Endogenous growth theory
    Feldman–Mahalanobis model Solow–Swan model, "the" exogenous growth model RamseyCassKoopmans model, a microfounded growth model with infinite horizon...
    13 KB (1,464 words) - 19:55, 14 October 2024
  • theory of economic growth by developing a modified version of the RamseyCassKoopmans model to describe the effects of money on long-run growth. He also published...
    6 KB (477 words) - 06:06, 6 June 2024
  • elasticity of substitution. If derived from a basic RamseyCassKoopmans model, the Keynes–Ramsey rule may look like c ˙ ( t ) = σ ⋅ ( r − ρ ) ⋅ c ( t...
    4 KB (390 words) - 15:28, 30 December 2024
  • Thumbnail for Tjalling Koopmans
    Koopmans's early works on the Hartree–Fock theory are associated with the Koopmans' theorem, which is very well known in quantum chemistry. Koopmans was...
    13 KB (1,156 words) - 21:10, 19 June 2025
  • Thumbnail for Deterministic system
    the RamseyCassKoopmans model is deterministic. The stochastic equivalent is known as real business-cycle theory. As determinism relates to modeling in...
    5 KB (585 words) - 09:45, 19 February 2025
  • Thumbnail for Economic model
    between interest rates and assets markets RamseyCassKoopmans model of economic growth Gordon–Loeb model for cyber security investments Economic methodology...
    30 KB (3,862 words) - 16:59, 24 September 2024
  • Thumbnail for Macroeconomics
    growth models like the Solow–Swan model, the RamseyCassKoopmans model and Peter Diamond's overlapping generations model. Quantitative models include...
    66 KB (7,913 words) - 18:47, 23 May 2025
  • economy could be better off today and tomorrow by saving less. The Ramsey-Cass-Koopmans model does not have dynamic efficiency problems because agents discount...
    3 KB (380 words) - 20:23, 20 January 2024
  • RamseyCassKoopmans model with stochastic technology progress. As business cycle fluctuations arise naturally in this setup, the Brock–Mirman model became...
    3 KB (220 words) - 23:25, 24 March 2024
  • growth Solow–Swan model k ′ ( t ) = s [ k ( t ) ] α − δ k ( t ) {\textstyle k'(t)=s[k(t)]^{\alpha }-\delta k(t)} RamseyCassKoopmans model Dynamic stochastic...
    13 KB (1,097 words) - 15:29, 28 May 2025
  • pure-exchange OLG model was augmented with the introduction of an aggregate neoclassical production by Peter Diamond.  In contrast, to RamseyCassKoopmans neoclassical...
    16 KB (2,043 words) - 19:53, 12 June 2025
  • Thumbnail for Griffith C. Evans
    rekindled with the rise the neoclassical growth literature (e.g. RamseyCassKoopmans model) that ostensibly employed optimal control and Hamiltonians. Standard...
    22 KB (2,222 words) - 02:46, 30 April 2025
  • Thumbnail for Shadow price
    George Dantzig Leonid Kantorovich Linear programming Market price RamseyCassKoopmans model Reduced cost "Shadow Pricing". Corporate Finance Institute. Retrieved...
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  • Thumbnail for Peter Diamond
    social insurance.[citation needed] Diamond (1965) extended the RamseyCassKoopmans model, from a representative infinitely-lived agent to a setup where...
    23 KB (2,174 words) - 01:14, 11 June 2025
  • Shepherd, J. (July 1975). "On the Asymptotic Solution of the Lagerstrom Model Equation". SIAM Journal on Applied Mathematics. 29 (1): 110–120. doi:10...
    39 KB (2,094 words) - 05:57, 2 June 2025
  • The AK model of economic growth is an endogenous growth model used in the theory of economic growth, a subfield of modern macroeconomics. In the 1980s...
    5 KB (776 words) - 17:21, 15 November 2023
  • Thumbnail for IS–LM model
    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...
    29 KB (3,743 words) - 03:52, 25 May 2025
  • Thumbnail for AD–AS 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...
    22 KB (2,850 words) - 07:38, 24 May 2025
  • fairness Ragnar Nurkse's balanced growth theory Rahn curve Ramsey problem RamseyCassKoopmans model rate of profit rate of return pricing rational choice...
    229 KB (25,481 words) - 21:54, 19 June 2025
  • (2): 155–157. doi:10.1023/B:ECOT.0000023251.14849.4f. S2CID 154689887. Koopmans, Tjalling C. (1947). "Measurement Without Theory". Review of Economics...
    20 KB (2,300 words) - 06:09, 25 January 2025
  • basic income Models IS–LM AD–AS Keynesian cross Multiplier Accelerator Phillips curve Arrow–Debreu Harrod–Domar Solow–Swan RamseyCassKoopmans Overlapping...
    5 KB (538 words) - 07:29, 2 June 2025
  • The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell...
    25 KB (3,789 words) - 04:44, 5 April 2025
  • The Lucas islands model is an economic model of the link between money supply and price and output changes in a simplified economy using rational expectations...
    6 KB (749 words) - 17:57, 11 May 2025
  • The overshooting model, or the exchange rate overshoot hypothesis, first developed by economist Rudi Dornbusch, is a theoretical explanation for high...
    9 KB (1,254 words) - 19:06, 6 April 2025
  • Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a macroeconomic method which is often employed by monetary...
    51 KB (5,995 words) - 02:13, 5 May 2025