Convergence to Balanced Growth Path
16:33
YouTubeEverything Econ
Convergence to Balanced Growth Path
We show that the Solow Growth model converges to the Balanced Growth Path. It is worth noting that this Balanced Growth Path is unique. I did not note this in the video, but the graph I drew showed this by the fact there is one intersection with the k tilde axis. PS Apologies if the sound quality drops a bit near the end of the video. My laptop ...
2.1K viewsJun 10, 2020
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