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gptkbp:instanceOf
|
gptkb:economic_policy
|
|
gptkbp:alsoKnownAs
|
gptkb:Ramsey–Cass–Koopmans_model
|
|
gptkbp:assumes
|
no government
no uncertainty
perfect competition
constant returns to scale
closed economy
infinite time horizon
no population growth (originally)
no technological progress (originally)
representative agent
|
|
gptkbp:basisFor
|
modern growth theory
|
|
gptkbp:extendsTo
|
gptkb:David_Cass
gptkb:Tjalling_Koopmans
|
|
gptkbp:field
|
macroeconomics
|
|
gptkbp:focusesOn
|
gptkb:intertemporal_choice
|
|
gptkbp:form
|
calculus of variations
|
|
gptkbp:hasEquation
|
gptkb:Euler_equation
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Ramsey model
|
|
gptkbp:influenced
|
endogenous growth theory
|
|
gptkbp:influencedBy
|
neoclassical economics
|
|
gptkbp:introduced
|
gptkb:Frank_P._Ramsey
|
|
gptkbp:introducedIn
|
1928
|
|
gptkbp:objective
|
maximize utility over time
|
|
gptkbp:publishedIn
|
gptkb:Economic_Journal
|
|
gptkbp:relatedTo
|
gptkb:Solow–Swan_model
gptkb:Overlapping_generations_model
|
|
gptkbp:solvedBy
|
dynamic optimization
|
|
gptkbp:studies
|
economic growth
optimal savings
|
|
gptkbp:variant
|
capital accumulation
consumption
|
|
gptkbp:bfsParent
|
gptkb:A_Mathematical_Theory_of_Saving
gptkb:Frank_Plumpton_Ramsey
gptkb:Frank_P._Ramsey
|
|
gptkbp:bfsLayer
|
5
|