Solow Growth Model Explained - Search Videos

The Solow Model and the Steady State | Marginal Revolution University

The Solow Model and the Steady State | Marginal Revolution University

Remember our simplified Solow model? One end of it is input, and on the other end, we get output.What do we do with that output?Either we can consume it, or we can save it. This saved output can then be re-invested as physical capital, which grows the total capital stock of the economy.There's a problem with that, though: physical capital rusts ...

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