5EN453 Macroeconomics II

Intro ppt


Solow model:





Ramsey-Cass-Koopmans model:

Ramsey F.P. (1928), „A Mathematical Theory of Saving,“ Economic Journal, Vol. 38, No 152,

Cass, David (July 1965). „Optimum Growth in an Aggregative Model of Capital Accumulation“. Review of Economic Studies (Blackwell Publishing37 (3): 233–240. JSTOR 2295827

Tjalling C. Koopmans, 1963. „On the Concept of Optimal Economic Growth,“ Cowles Foundation Discussion Papers 163, Cowles Foundation for Research in Economics, Yale University.