Browsing by Subject "warranted rate of growth"
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Solow's Harrod: Transforming Cyclical Dynamics into a Model of Long-Run Growth
(Economic Research Initiatives at Duke (ERID), 2013-03-27)Modern growth theory derives mostly from Robert Solow’s “A Contribution to the Theory of Economic Growth” (1956). Solow’s own interpretation locates the origins of his “Contribution” in his view that the growth model of ...