Published On Dec 30, 2012
We find the law of motion of capital in per-worker terms. And then we find the steady state level of capital.
- What is the law of motion of capital in the solow model?
- How do you find the steady state value of capital per-work in the solow model?
- We solve for the steady state value of capital
More Videos on the Solow Model: https://sites.google.com/site/economi...
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Lecture Outline
• Solow Model (Part 1 of Many) Introduction,
• Solow Model - The Steady State Level ... Law of Motion of Capital
• Solow Model - The Steady State Level ... Calculating the Steady State
• Solow Model - Solow Diagram & Converg... Solow Diagram
• Solow Model - Solow Diagram & Converg... Convergence in Solow Model
• Solow Model - Transition Dynamics & T... Transition Dynamics and Time Series