I have successfully derived the Golden Rule steady state for capital, but I'm struggling to derive the saving rate = equal to alpha (α) for the Golden Rule level. Have I made an error in my calculations? It's worth noting that I'm assuming no technological growth in my Solow model.

derive $s_{gold}=α$

Consumption is maximised when: $mpk=δ+n$

Production function $f(k)=y=k^α$



  • $\begingroup$ Have considered typing "golden rule Solow" into the SE's search bar? $\endgroup$
    – Giskard
    Dec 3, 2023 at 22:26


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