The Solow Model of Economic Growth: Application to Contemporary Macroeconomic Issues

ISBN-13: 9781032347752 / Angielski / Twarda / 2022 / 192 str.

Rafal Wisla

Opis

This book not only continues the neoclassical tradition of thought in economics focused on quantitative economic change but also, and to a significant extent, discusses alternative approaches to certain questions of economic growth, utilizing conclusions that can be drawn from the Solow model.

Spis treści

Introduction 1. R. M.  Solow's inspirations 2. The Solow model 3. Generalizations of the Solow model (the Mankiw-Romer-Weil and Nonneman-Vanhoudt models) 4. Fiscal and monetary policy vs economic growth 5. Economic growth at returns to scale conditions 6. Bipolar growth models with investment flows 7. The gravity model of economic growth 8. Solow equilibrium at alternative trajectories of the number of workers 9. The Solow equilibrium at sine-wave investment rates 10. SIR-Solow Model