Stochastic Growth Models

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf Mathematical Model
gptkbp:analyzes 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