This article considers the consequences of explicitly allowing for stochastic technological progress and stochastic labor input in the discrete-time Solow-Swan and AK growth models. It shows that the ...

HE doesn’t use e-mail—yet his name is inextricably linked with technological progress. An avid sailor who never strays far from shore, Robert Solow is one of the most adventurous minds in economics, ...

Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the "real' or "deep" determinants of growth. This paper ...