significant extensions by David Cass and Tjalling Koopmans. The Ramsey–Cass–Koopmans model differs from the Solow–Swan model in that the choice of consumption...

create what is now known as the Ramsey–Cass–Koopmans model. The Solow–Swan model was an extension to the 1946 Harrod–Domar model that dropped the restrictive...

goods x ( t ) {\displaystyle \mathbf {x} (t)} . In economics, the Ramsey–Cass–Koopmans model is used to determine an optimal savings behavior for an economy...

equilibrium theory. His most famous work was on the Ramsey–Cass–Koopmans model of economic growth. David Cass was born in 1937 in Honolulu, Hawaii. He earned...

technical progress again at a steady rate, giving birth to a model named the Ramsey–Cass–Koopmans model where the objective now is to maximise household's utility...

elasticity of substitution. If derived from a basic Ramsey–Cass–Koopmans model, the Keynes–Ramsey rule may look like c ˙ ( t ) = σ ⋅ ( r − ρ ) ⋅ c ( t...

generator, however, may be non-deterministic. In economics, the Ramsey–Cass–Koopmans model is deterministic. The stochastic equivalent is known as real business-cycle...

Feldman–Mahalanobis model Solow–Swan model, "the" exogenous growth model Ramsey–Cass–Koopmans model, a microfounded growth model with infinite horizon...

between interest rates and assets markets Ramsey–Cass–Koopmans model of economic growth Gordon–Loeb model for cyber security investments Economic methodology...

theory of economic growth by developing a modified version of the Ramsey–Cass–Koopmans model to describe the effects of money on long-run growth. He also published...