New answers tagged wages
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For my bachelors, would it make sense to use C+G (as Consumption + Government Expenditure) as an indicator for the prosperity of the economy?
This does not seem to be justified.
Investment on GDP is not simply some purchase of stocks, but investment into capital goods. Purchasing homes, machines, cars used by businesses factories and in ...
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Accepted
In Solow model, on the balanced growth path, why aren't wages zero?
The condition
$$
f(k^\ast) = \frac{n + g + \delta}{s} k^\ast.
$$
is an equilibrium condition which only holds at the value of $k^\ast$. As such, you are not allowed to take derivatives of both sides ...
- 10.3k
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