The endogenous growth models were characterized by

Name: The endogenous growth models were characterized by
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The endogenous growth models were developed by economists such as Lucas and Romer, who argued that technological progress and knowledge accumulation were endogenous (i.e. driven by factors within the economic system) rather than exogenous (i.e. determined outside the economic system). Friedman, Prescott, Solow, and Malthus did not focus on endogenous growth models.

The Endogenous Growth Models Were Characterized by