The McGraw-Hill Companies, 2005. TECHNOLOGICAL PROGRESS AND GROWTH: THE GENERAL SOLOW MODEL ... The characteristic polynomial is and the associated root is. ...
Chapter 6 second lecture. Introducing. Advanced Macroeconomics: ... Illustration of the convergence process: The McGraw-Hill Companies, 2005. Unconditional ...
Consider an increase in the rate of investment in physical capital (called until now) ... a Solow model with accumulation of both physical and human capital. ...