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Neoclassical Growth Theory (New Perspectives)

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Abstract

The neoclassical growth model captures the basic trade-off between saving and investment. It has proven to be a useful tool to study development paths, and the interactions of technology shocks, money and fertility choices with growth.

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  1. http://link.springer.com/referencework/10.1057/978-1-349-95189-5

    Rodolfo E. Manuelli

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  1. Rodolfo E. Manuelli
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Manuelli, R.E. (2018). Neoclassical Growth Theory (New Perspectives). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2372

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