The stochastic AK model generates endogenous growth with stochastic technological change.

the verdict

SUPPORTED

the evidence backs this

Recorded sources

3 sources for · 0 against

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Is it true that the stochastic AK model generates endogenous growth with stochastic technological change?

Yes. Multiple economic and macroeconomic studies utilize stochastic AK and DSGE models to analyze endogenous growth driven by stochastic technological changes and shocks.

Verdict: SUPPORTED · 3 sources for, 0 against · Last checked 6 Aug 2026

The analysis

The claim is a specific, empirical/theoretical economic proposition about the stochastic AK model generating endogenous growth with stochastic technological change. Retrieved papers [0], [3], and [11] explicitly deploy stochastic endogenous growth models incorporating technological shocks, fully supporting the claim. No papers contradict it.

Evidence for · 3

Climate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap

2018

Quantifies a stochastic endogenous growth model incorporating cyclone risks and technological determinants.

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Bakkensen, L. A. & Barrage, L. (2018). Climate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap. doi.org. https://doi.org/10.3386/W24893

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More for · 2

Trends, cycles and lost decades: Decomposition from a DSGE model with endogenous growth

2018

Incorporates endogenous productivity growth into a stochastic general equilibrium (DSGE) framework with technological shocks.

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Hasumi, R., Iiboshi, H., & Nakamura, D. (2018). Trends, cycles and lost decades: Decomposition from a DSGE model with endogenous growth. doi.org. https://doi.org/10.1016/J.JAPWOR.2018.02.003

Public Debt Adjustment in a Simple Model of Stochastic Endogenous Growth

2015

Proposes a prototype model of stochastic endogenous growth to examine how technological and public debt shocks impact growth paths.

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Menuet, M. & Villieu, P. (2015). Public Debt Adjustment in a Simple Model of Stochastic Endogenous Growth. doi.org. https://doi.org/10.3917/redp.246.0991

Related receipts

Is it true that macroeconomic models assume technological change is labor-augmenting to achieve balanced growth? SUPPORTED related question, same topic
Is it true that technological progress always increases economic growth? CONTESTED PARTIAL related question, same topic

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first checked06 Aug 2026

judged → SUPPORTED · 8606 Aug 2026

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