Solow, Robert M. - In: Revue de l'OFCE n° 102 (2007) 3, pp. 101-108
For various reasons ? empirical, technical and casual ? modern (neo-classical) growth theory has centered its attention … percentage to a pre-existing path. The deeper point is that once growth theory is freed of the need to generate exponential paths … and less by artificial convenience. If there is a general lesson for macroeconomic theory in these considerations, it is …