Growth

 

  1. Implications of Production Function
  2. Solow Growth Model
    1. Equations
    2. Solution
    3. Implications
      1. Per Capita Growth Can’t Last
      2. More Saving Temporarily Stimulates Growth
      3. Population Growth Hurts
      4. More Saving May Hurt
  3. Technological Progress
  4. Policies for Promoting Growth
    1. Are They Needed?
    2. What Are They?