Statements (30)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:Ramsey–Cass–Koopmans_model
|
gptkbp:assumes |
infinitely-lived representative agent
no government no uncertainty perfect competition |
gptkbp:describes |
optimal savings in an economy
|
gptkbp:extendsTo |
gptkb:David_Cass
gptkb:Tjalling_Koopmans |
gptkbp:field |
macroeconomics
|
gptkbp:focusesOn |
capital accumulation
intertemporal consumption |
gptkbp:form |
dynamic optimization
|
gptkbp:hasEquation |
gptkb:Euler_equation
|
https://www.w3.org/2000/01/rdf-schema#label |
Ramsey model of saving
|
gptkbp:influenced |
modern growth theory
neoclassical economics |
gptkbp:objective |
maximization of utility over time
|
gptkbp:prohibits |
capital accumulation equation
resource constraint |
gptkbp:proposedBy |
gptkb:Frank_P._Ramsey
|
gptkbp:publishedIn |
1928
|
gptkbp:relatedTo |
gptkb:Solow–Swan_model
endogenous growth theory |
gptkbp:solvedBy |
calculus of variations
|
gptkbp:usedFor |
policy analysis
analyzing savings behavior studying economic growth |
gptkbp:bfsParent |
gptkb:Frank_Ramsey
|
gptkbp:bfsLayer |
4
|