Discover Robert M. Solow's contributions to economics, including the Solow-Swan Model and the Solow Residual, plus his Nobel Prize-winning work on economic growth.
This article considers the consequences of explicitly allowing for stochastic technological progress and stochastic labor input in the discrete-time Solow-Swan and AK growth models. It shows that the ...
Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the "real' or "deep" determinants of growth. This paper ...