1 The Labor Market The purpose of this chapter is to describe a simple version of the tabor- market model that captures the salient features of the theory of un- employment…
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Slide 1Lecture notes #8: empirical studies of convergence Slide 2 Facts: The gap between rich and poor countries is large It is rather persistent Standard neo-classical models…
ECON 805: Solow Growth Model What Predictions Does This Model Deliver? 1. Predictions about growth rates. 2. Predictions about the cross-sectional distribution of income.…
Slide 1 1 Empirical Applications of Neoclassical Growth Models ECON 401: Growth Theory Slide 2 2 Solow Model with Human Capital Extend the model to include Human Capital…
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Empirical Applications of Neoclassical Growth Models ECON 401: Growth Theory Solow Model with Human Capital Extend the model to include Human Capital Labor in different economies…