Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model.
Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model.
In economics, a Swan Diagram, also known as the Australian model (because it was originally published by Australian economist Trevor Swan in 1956 to model the Australian economy during the Great Depression), represents the situation of a country with a currency peg.
Swan graduated from the University of Sydney in 1939, having studied part-time while working at the Rural Bank.
The term itself was introduced by Uhr (1951) and its importance noted by both Joan Robinson (1956) and Trevor Swan (1956).
Swan Lake | Black Swan | Trevor Nunn | Trevor Howard | Swan Hill | Whooper Swan | Trevor Horn | Swan River | Swan | Trevor | Swan River (Western Australia) | Swan River Colony | Trevor Chappell | Trevor, Wisconsin | Trevor Griffiths | Trevor Brown | Swan Racing | Chrissie Swan | Trevor Metcalfe | Trevor McDonald | Trevor Francis | Trevor Baylis | Trevor Watts | Trevor Brooking | Trevor Ariza | Swan Goose | Swan Districts Football Club | swan | Nautor's Swan | Mute Swan |