The Ramsey–Cass–Koopmans model (also known as the Ramsey growth model or the neoclassical growth model) is a foundational model in neoclassical economics...
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create what is now known as the Ramsey–Cass–Koopmans model. The Solow–Swan model was an extension to the 1946 Harrod–Domar model that dropped the restrictive...
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equilibrium theory. His most famous work was on the Ramsey–Cass–Koopmans model of economic growth. David Cass was born in 1937 in Honolulu, Hawaii. He earned...
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technical progress again at a steady rate, giving birth to a model named the Ramsey–Cass–Koopmans model where the objective now is to maximise household's utility...
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goods x ( t ) {\displaystyle \mathbf {x} (t)} . In economics, the Ramsey–Cass–Koopmans model is used to determine an optimal savings behavior for an economy...
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Endogenous growth theory (redirect from Endogenous growth model)
Feldman–Mahalanobis model Solow–Swan model, "the" exogenous growth model Ramsey–Cass–Koopmans model, a microfounded growth model with infinite horizon...
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Miguel Sidrauski (redirect from Sidrauski model)
theory of economic growth by developing a modified version of the Ramsey–Cass–Koopmans model to describe the effects of money on long-run growth. He also published...
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elasticity of substitution. If derived from a basic Ramsey–Cass–Koopmans model, the Keynes–Ramsey rule may look like c ˙ ( t ) = σ ⋅ ( r − ρ ) ⋅ c ( t...
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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...
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Deterministic system (redirect from Deterministic model)
the Ramsey–Cass–Koopmans model is deterministic. The stochastic equivalent is known as real business-cycle theory. As determinism relates to modeling in...
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between interest rates and assets markets Ramsey–Cass–Koopmans model of economic growth Gordon–Loeb model for cyber security investments Economic methodology...
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Macroeconomics (section IS–LM model)
growth models like the Solow–Swan model, the Ramsey–Cass–Koopmans model and Peter Diamond's overlapping generations model. Quantitative models include...
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Dynamic efficiency (section In the Solow growth model)
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...
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Ramsey–Cass–Koopmans model with stochastic technology progress. As business cycle fluctuations arise naturally in this setup, the Brock–Mirman model became...
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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...
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pure-exchange OLG model was augmented with the introduction of an aggregate neoclassical production by Peter Diamond. In contrast, to Ramsey–Cass–Koopmans neoclassical...
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rekindled with the rise the neoclassical growth literature (e.g. Ramsey–Cass–Koopmans model) that ostensibly employed optimal control and Hamiltonians. Standard...
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George Dantzig Leonid Kantorovich Linear programming Market price Ramsey–Cass–Koopmans model Reduced cost "Shadow Pricing". Corporate Finance Institute. Retrieved...
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social insurance.[citation needed] Diamond (1965) extended the Ramsey–Cass–Koopmans model, from a representative infinitely-lived agent to a setup where...
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Shepherd, J. (July 1975). "On the Asymptotic Solution of the Lagerstrom Model Equation". SIAM Journal on Applied Mathematics. 29 (1): 110–120. doi:10...
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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...
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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...
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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...
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fairness Ragnar Nurkse's balanced growth theory Rahn curve Ramsey problem Ramsey–Cass–Koopmans model rate of profit rate of return pricing rational choice...
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(2): 155–157. doi:10.1023/B:ECOT.0000023251.14849.4f. S2CID 154689887. Koopmans, Tjalling C. (1947). "Measurement Without Theory". Review of Economics...
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basic income Models IS–LM AD–AS Keynesian cross Multiplier Accelerator Phillips curve Arrow–Debreu Harrod–Domar Solow–Swan Ramsey–Cass–Koopmans Overlapping...
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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...
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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...
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The overshooting model, or the exchange rate overshoot hypothesis, first developed by economist Rudi Dornbusch, is a theoretical explanation for high...
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Dynamic stochastic general equilibrium (redirect from DSGE model)
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