Question

briefly discuss the AK model of endogenous growth. what is its prediction regarding income convergence?

briefly discuss the AK model of endogenous growth. what is its prediction regarding income convergence?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Define the main ideas of the Lucas, and AK new growth model respectively. Is growth endogenous...
Define the main ideas of the Lucas, and AK new growth model respectively. Is growth endogenous or exogenous in these models?
The endogenous growth predicted by the AK model is due to the assumption of a constant...
The endogenous growth predicted by the AK model is due to the assumption of a constant marginal product of capital True or false? Please include explanations, thanks!
True or False: The endogenous growth predicted by the AK model is due to the assumption...
True or False: The endogenous growth predicted by the AK model is due to the assumption of a constant marginal product of capital. Please answer elaborately with proper reasoning, graphs and equations. Also include a policy example.
8. Endogenous Growth Model In the endogenous growth model, suppose that the efficiency with which human...
8. Endogenous Growth Model In the endogenous growth model, suppose that the efficiency with which human capital is accumulated falls. What happens in the short run and the long run to consumption in this country?
What are the best policies that promote economics growth? Briefly discuss.
What are the best policies that promote economics growth? Briefly discuss.
Consider the Gordon model of constant growth rate assumption. State briefly what this model says about...
Consider the Gordon model of constant growth rate assumption. State briefly what this model says about the value of stocks. In 2019, Walmart paid $2.12 in dividends per share. The stock traded for about $119 per share towards the end of the year. Find out a set of inputs to the Gordon growth model (e.g., the assumed growth rate g and the required rate of return r, that make the intrinsic value of the stock equal to the trading price...
Discuss how we can use the Dividend (Gordon) Growth model to indicate the intrinsic value of...
Discuss how we can use the Dividend (Gordon) Growth model to indicate the intrinsic value of company shares. Be sure to provide as part of this discussion certain assumptions we can make regarding the growth and the required rate of return to be used in this analysis and limitations of utilizing this model for valuation purposes.
Part 1: Consider the Gordon model of constant growth rate assumption. State briefly what this model...
Part 1: Consider the Gordon model of constant growth rate assumption. State briefly what this model says about the value of stocks. In 2019, Walmart paid $2.12 in dividends per share. The stock traded for about $119 per share towards the end of the year. Find out a set of inputs to the Gordon growth model (e.g., the assumed growth rate g and the required rate of return r, that make the intrinsic value of the stock equal to the...
1. Since WWII, we’ve seen a slowdown in economic growth. Discuss 3 hypotheses covered for why...
1. Since WWII, we’ve seen a slowdown in economic growth. Discuss 3 hypotheses covered for why this is the case, i.e., what are some suggested limits to modern economic growth? 2. There are some reasons to believe that economic convergence between countries might take place, and reasons to believe that it will not. List and briefly describe the conditions under which convergence will take place and the conditions under which it will not. 3. Pretend that Fruitland is a country...
Become one with the Solow Growth Model c. What happens if you introduce shocks? (e.g. one-time...
Become one with the Solow Growth Model c. What happens if you introduce shocks? (e.g. one-time shock to population, capital stock, unexpected changes to variable such as savings rate or the population growth rate etc.) Do any of the curves shift? Does the steady state change? d. Be prepared to make comparisons between countries using the model. What is the difference between conditional convergence and unconditional convergence?