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Macroeconomic model reference

AK Endogenous Growth Model

An endogenous growth model where output is linear in broad capital (Y = AK), eliminating diminishing returns and producing perpetual growth driven by the saving rate.

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AK Endogenous Growth versus nearby models

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Concepts, data, and nearby models

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Concepts

AD-ASBusiness cyclesEconomic growthInterest rates

Indicators

Real GDPgdp.realHeadline CPIprices.cpi.headlineUnemployment ratelabor.unemployment.ratePolicy ratemoney.policy_rate

Policy

Monetary policyFiscal policy

Nearby models

IS-LMAD-ASTaylor rule