gptkbp:instanceOf
|
Mathematical Model
|
gptkbp:analyzes
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gptkb:Dynamic_Programming
Stochastic Differential Equations
|
gptkbp:application
|
gptkb:Asset_Pricing
Resource Management
Economic Growth Analysis
Population Forecasting
|
gptkbp:assumes
|
Random Shocks
Unpredictable Events
|
gptkbp:contrastsWith
|
Deterministic Growth Models
|
gptkbp:feature
|
Uncertainty
Randomness
|
gptkbp:field
|
gptkb:Mathematics
Economics
Finance
|
gptkbp:firstAppearance
|
20th Century
|
gptkbp:form
|
gptkb:Calculus
gptkb:Linear_Algebra
Statistics
Probability Theory
Numerical Methods
|
gptkbp:goal
|
Forecast Uncertain Outcomes
Incorporate Shocks
Model Economic Fluctuations
|
https://www.w3.org/2000/01/rdf-schema#label
|
Stochastic Growth Models
|
gptkbp:includes
|
gptkb:Stochastic_AK_Model
gptkb:Stochastic_Ramsey_Model
gptkb:Stochastic_Solow_Model
|
gptkbp:influencedBy
|
Technological Change
Demographic Changes
External Shocks
Policy Shocks
|
gptkbp:output
|
Expected Growth Rates
Probability Distributions
Simulated Growth Paths
Variance of Growth
|
gptkbp:relatedTo
|
gptkb:Markov_Processes
gptkb:Random_Walk
gptkb:Endogenous_Growth_Theory
gptkb:Exogenous_Growth_Theory
Brownian Motion
Stochastic Processes
|
gptkbp:studiedBy
|
gptkb:Robert_Solow
gptkb:Thomas_Sargent
gptkb:Christopher_Sims
|
gptkbp:usedIn
|
gptkb:Macroeconomics
Financial Modeling
Population Dynamics
|
gptkbp:bfsParent
|
gptkb:Recursive_Macroeconomic_Theory
|
gptkbp:bfsLayer
|
6
|