Hello, I need help with this one cant find anything online.. I need to show that the normal version of Solow model capital dynamics equation can be written as this: Δk=sf(k)−(n+a+δ)k
Hello, I need help with this one cant find anything online.. I need to show that the normal version of Solow model capital dynamics equation can be written as this: Δk=sf(k)−(n+a+δ)k
I don't know the book you're reading from or the notations your lecturer uses, so I can't give much guidance.
I think the variation of the equation you have in your question is the same variation as that as equation 33 on page 7 in the following link: https://www.tcd.ie/Economics/staff/whelanka/topic1.pdf The notations are different, so you will need to read from page 2.