Ramsey–Cass–Koopmans model

GPTKB entity

Predicate	Object
gptkbp:instanceOf	macroeconomic model
gptkbp:alsoKnownAs	gptkb:Ramsey_growth_model
gptkbp:assumes	no government perfect competition constant returns to scale closed economy exogenous technological progress infinite time horizon representative agent
gptkbp:describes	economic growth capital accumulation optimal savings
gptkbp:developedBy	gptkb:David_Cass gptkb:Frank_P._Ramsey gptkb:Tjalling_Koopmans
gptkbp:extendsTo	gptkb:Solow–Swan_model
gptkbp:field	economics macroeconomics
gptkbp:form	partial differential equations
https://www.w3.org/2000/01/rdf-schema#label	Ramsey–Cass–Koopmans model
gptkbp:influenced	modern growth theory
gptkbp:introducedIn	1928
gptkbp:objective	maximize utility over time
gptkbp:publishedIn	gptkb:Economic_Journal
gptkbp:relatedTo	gptkb:Solow–Swan_model gptkb:Endogenous_growth_theory gptkb:Overlapping_generations_model
gptkbp:usedFor	analyzing savings behavior studying long-run economic growth
gptkbp:utilityFunction	intertemporal utility
gptkbp:bfsParent	gptkb:Ramsey_model_of_saving gptkb:Solow–Swan_growth_model
gptkbp:bfsLayer	5