Solow Model Models

These models and simulations have been tagged “Solow Model”.

Implementation of the Solow model of economic growth with labor enhancing technology.   parameters: s, alpha, delta, n, gA variables: Y. K, L, C, A per capita variables: y, k, c, a per capita and technology variables: y~, k~, c~ steady state variables: y~*, k~*, c~* all variables come with relative
Implementation of the Solow model of economic growth with labor enhancing technology.

parameters: s, alpha, delta, n, gA
variables: Y. K, L, C, A
per capita variables: y, k, c, a
per capita and technology variables: y~, k~, c~
steady state variables: y~*, k~*, c~*
all variables come with relative growth rates g

Features:

+steady state from beginning
+one time labor shock
+permanent savings quote shock
+permanent technological growth rate shock

Decreasing steady state variables when starting in steady state are numeric artifacts.