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Referring to the Solow-Swan model of economic growth.
3
votes
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answer
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Solow model - concavity vs strict concavity
I'm studying the Solow growth model from the Acemoglu's book.
Consider the following standard assumptions:
The fact that $F()$ exhibits constant returns to scale means that F() is linear homogenous. …
4
votes
1
answer
812
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Three types of Neutral technological Change
Can you tell me why the isoquants changes as per pic below in the three cases of neutral technological change: i) Hicks neutral, ii) Solow neutral, iii) Harrod neutral …
2
votes
0
answers
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Solow Model - speed of convergence
For micro guys who wanna go streight to the question, just jump to equation $(1)$
I'm studying the Solow growth model. …