Economics Nobel: Identifying vital aspects that sustain growth

The Laureates Mokyr, Aghion, Howitt explain the role of innovation, prescriptive knowledge, creative destruction ...
JSTOR Daily

Undiscounted Optimal Growth in the Two-Sector Robinson-Solow-Srinivasan Model: A Synthesis of the Value-Loss Approach and Dynamic Programming

Economic Theory, Vol. 29, No. 2, Symposium in Honor of Mukul Majumdar (Oct., 2006), pp. 341-362 (22 pages) We highlight two features of undiscounted optimal growth in the context of a two-sector model ...
The Business & Financial Times on MSN

Ghana’s Struggle with Depreciation and Growth in the Solow Model

Ghanaians see the evidence of economic wear-and-tear every day. Potholes often appear soon after a road project is ...

Philippe Aghion, Peter Howitt and Joel Mokyr win 2025 Nobel Prize in Economics

Howitt and Aghion received the honor for their endogenous growth model developed in the late 1980s. Mokyr was recognized for ...

Nobel economics prize goes to 3 researchers for explaining innovation-driven economic growth

Their work was credited with helping economists better understand how new ideas and inventions come about — a process as old ...
The Economist

Economic growth is unlikely to prevent fiscal crisis

The appeal is obvious. Immigration mechanically boosts GDP, spreading existing debt over more people. In the near term, ...
The Financial ExpressOpinion

The importance of innovation

The future of growth models will be driven by innovation, and this is both a challenge and an opportunity, as reflected in ...
Opinion

2025 Nobel Prize for Economics celebrates innovation-led growth powered by S&T, skills and openness

The Nobel Prize in Economics recognizes economists for explaining innovation-driven growth. Their work highlights the link between science, technology, and societal acceptance of change. This award ...