Growth Theory

Nobel Lecture, December 8, 1987: Growth Theory and After 1. Characteristics of Steady States 2. A Variable Capital/Output Ratio 3. A Model without Direct Substitution 4. A Model with Two Assets 5. Economic Policy in a Growth Model 6. Aspects of Economic Policy Intermezzo 7. The Standard Model Once More 8. Human Capital: The Lucas Model 9. Endogenous Technology: The Romer Model 10. New Consumer Goods: Grossman and Helpman 11. Schumpeterian Ideas: Aghion and Howitt 12. Lessons and Suggestions for Aggregative Growth Theory Bibliography