Solow, Robert M. - In: Banca Nazionale del Lavoro Quarterly Review 53 (2000) 215, pp. 349-381
The paper surveys the neoclassical theory of growth. As a preliminary, the meaning of the adjective "neoclassical" is discussed. The basic model is then sketched, and the conditions ensuring a stationary state are illustrated. The issue of the convergence to a stationary state (and that of the...