Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:analyzes |
stochastic processes in capital accumulation
|
| gptkbp:assumes |
constant returns to scale
exogenous technological progress random productivity shocks |
| gptkbp:basedOn |
gptkb:Solow-Swan_Model
|
| gptkbp:developedBy |
macroeconomists
|
| gptkbp:field |
macroeconomics
economic growth theory |
| https://www.w3.org/2000/01/rdf-schema#label |
Stochastic Solow Model
|
| gptkbp:introduced |
random shocks
|
| gptkbp:relatedTo |
stationary distribution
business cycle theory stochastic differential equations ergodic distribution real business cycle models |
| gptkbp:studies |
effects of uncertainty on economic growth
|
| gptkbp:usedFor |
modeling output fluctuations
studying long-run growth under uncertainty |
| gptkbp:bfsParent |
gptkb:Stochastic_Growth_Models
|
| gptkbp:bfsLayer |
7
|