<p>By sustained growth means growth that can be sustained in the long-run. In standard OG model if there is no technological progress there can be only short-run “spur” of growth if people save more but it is not possible to actually have sustained growth in the long-run.</p>

CC BY-SA 4.0
2022-07-02T11:05:24.370Z
Thanks! And what’s the equation that proves it?
tryingtogetsmth
CC BY-SA 4.0
2022-07-02T11:15:12.047Z
@tryingtogetsmth That can be proven by solving the model. Solution to the growth path of standard OG model will be such that it depends on technology
1muflon1
CC BY-SA 4.0
2022-07-02T11:01:04.383Z
2022-07-02T11:01:04.383Z
1muflon1
<p>In the Overlapping Generations model, it’s stated that sustained growth is not possible in a absence of technical progress.</p>

<macroeconomics>
What does sustained growth mean?
tryingtogetsmth
# What does sustained growth mean?

(Asked by: username_0 on 2022-07-02)

In the Overlapping Generations model, it’s stated that sustained growth is not possible in a absence of technical progress.

**Tags:** macroeconomics


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## 1 answers

### Answer by username_1 on 2022-07-02. Score: 1

By sustained growth means growth that can be sustained in the long-run. In standard OG model if there is no technological progress there can be only short-run “spur” of growth if people save more but it is not possible to actually have sustained growth in the long-run.

> **Comments:**
> **username_0**: Thanks! And what’s the equation that proves it?  
> **username_1**: @username_0 That can be proven by solving the model. Solution to the growth path of standard OG model will be such that it depends on technology  

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