Questions tagged [solow]
Referring to the Solow-Swan model of economic growth.
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Solow growth model deriving solutions
I was reading a note on Solow model in continuous time, and it said we can derive K, C, and Y from the key equation. But the steps were omitted, and I have no clue with it. How can I derive these ...
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Solow Model - criticism of Harrod model
I have started out reading seminal paper of Solow - Solow Growth model. It starts out with discussing weaknesses in Harrod Domar Model, a simple model of economic growth which featured prior to solow'...
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Improve my solution: Question on solow model
There is a question about Solow growth and Ramsey model,
compared to solow model, the Ramsey model is better to explain growth patterns across countries because it predicts a slower convergence ...
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What is a rest-function in a Solow model?
I am trying to better understand the Solow-Swan growth model and the golden saving rate.
When searching around I came across a blog explaining the intuition differently. Instead of in the standard ...
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Attributing Labor Productivity Gains to Capital Deepening vs. Total Factor Productivity Growth
In a traditional Solow-Swan growth model, you can decompose growth in labor productivity (output/hour) into a component stemming from total factor productivity growth and another stemming from capital ...
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Trying to apply Solow model to the US econmy
In a textbook application I try to apply Solow model to the US economy. What will be a ballpark estimate of the saving rate and the depreciation rate?
Edit: To follow up, assume Cobb-Douglas with ...
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Growth accounting: technological progress grows at near zero rate
In a growth accounting exercise I backed out the time path of technical progress augmenting a factor. Annual growth rate of this factor saving innovation is very close to zero in the last few years. ...
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Question on the Uzawa-Lucas model
I am studying Solow growth model,
I saw such a question.
“ In the Uzawa-Lucas model set-up, how the growth rate of consumption changes following a natural disaster, which only destroys physical ...
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Solow Model With Land as Factor
Given the production function:
$$Y = K^\alpha (AL)^\beta R^{1-\alpha -\beta}$$.
Where $L, A$ grow at exogenously given rates $n, g$ respectively. $R$ is land and is constant in supply and given that $\...
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Steady-state VS equilibrium path
In solow model, you can find steady-state of transformed variable $\hat{y}^{*} =\left(\frac{s}{n+g+\delta+n g}\right)^{\frac{a}{1-a}}$. If $s$ goes up, $\hat{y^*}$ goes up, and we can say a higher $s$ ...
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Recent Research Topics in Macroeconomics (Hopefully Growth Theory)
Im in my last year as undergraduate and i have the opportunity to make a tesis, i have strong foundations in econometrics and macroeconomics but I don't know what the latest research on macroeconomics ...
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How to draw a diagram like Solow model to prove growth rate in Harrod-Domar model won't converge?
Solow model defines income per capita function f(k)=F(K/L,1) with f'(k)>0 and f''(k)<0 and proves that there must be an intersection with (gL+gA+δ)k where growth rate converges.
But it confuses ...
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Which model gives a more accurate representation of growth?
Does the Solow model or the combined Romer - Solow model give a more accurate representation of growth?
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Solow growth model on firms level
Probably a silly question, but I just have to make sure. I am wondering whether it is acceptable to use the solow / solow-swan growth model to model the growth of firm instead of growth of an economy?
