Taro's View
Taro's Blog on Modern Political Economy
Friday, August 01, 2008
David Cass Passed Away
(Picture from U of Penn, department of economics)
I didn't know that
David Cass, well-known economist for "Ramsey-Cass-Koopmans model", had recently passed away.
I told this model before
as an optimal economic growth model
, but it's a very casual explanation.
If you want to know about it more accurately, it would be much better for you to read David Romer,
Advanced Macroeconomics
, Chapter 2.
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