Question

     Proceed with the calculations of the stationary state of the Solow model, based on the...

     Proceed with the calculations of the stationary state of the Solow model, based on the data provided below:




Year

k

y=k^a

c

s=i

d

n

d+n

dK

2017

  

  

2018

2019

Assume:

k

8

a

0.5

c

0.7

s

0.3

d

0.1

n

0.05


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Answer #1

Year k y c s=i d n d+n dK
2017 8 2.828427 1.979899 0.848528 0.1 0.05 0.15 0.8
2018 7.665265 2.768621 1.938035 0.830586 0.1 0.05 0.15 0.766526
2019 7.361262 2.713165 1.899215 0.813949 0.1 0.05 0.15 0.736126
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