Solow Model Application Effect of an Increase in the Savings Rate

Описание к видео Solow Model Application Effect of an Increase in the Savings Rate

We look at the effect of a change in the savings rate on the solow model.
What is the effect on Aggregate Output, Capital, Investment and Consumption, per-capita output, capital, investment and consumption, and per-effective-worker capital and output of an increase in the savings rate?

We work with the 'full' solow swan model with labor-augmented technology growth and population growth.

More Videos on the Solow Model: https://sites.google.com/site/economi...
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Video Outline
Solow Diagram
Time Series
--Per-effective workers, k ̂,y ̂
--Per-Capita Levels, k,y,i & c
--Aggregate Levels, Y,K

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