Growth Theory

Growth Theory

Contents

I - Classical Growth Theory

After Marx

II - Keynesian Growth

III - Neoclassical Growth

(A) Neoclassical<br>Growth Theory

(1) The Solow-Swan Growth Model

(2) Solving<br>the System

(3) Adjustment<br>Processes: Solow vs. Harrod

(B) Neoclassical<br>Growth: Empirical Implications

(1) Paradoxes of Growth

(2) The Convergence Hypotheses

(3) Poverty Traps

(C) Technical Progress

IV - Multisector Growth

(1) Introduction

(2) The<br>Uzawa Two-Sector Growth Model

(3) Optimal<br>Two-Sector Growth

(4) Heterogeneous Capital and Growth

(5) Turnpikes

V - Optimal Growth

(1) Introduction

(2) The Ramsey Exercise

(3) Golden<br>Rule Growth

(4) Intertemporal Social Welfare

(5) The<br>Cass-Koopmans Optimal Growth Model

(6) Conclusion

VI - Monetary Growth Theory

VII - Endogenous Growth

Top

Back

Home<br>Alphabetical Index<br>Schools of Thought<br>Surveys and Essays

Web Links<br>References<br>Contact<br>Frames