i don't understand 1 thing, why is not optimal to choose D? if i have no consumption i should be happy no? what i miss? why don't have comptuntion is bad?
You have to be specific about exactly what you mean by "shift outward", but if you multiply the production function by a scalar greater than one, how would it effect the c dot = zero locus, and the k dot = zero locus? Hint: It will affect both, check the equations in the video.
Excellent video, thanks! Helped me a lot. I saw that you got a couple of papers under revision at the JPE and REStud, hope you publish those!
Excellent! This video explains so clear!!!
Great video! Helped me a lot, thank you
Hi, can u help me? I need a Robert Barro macro Economics book, 2008 addition and latest version. If u have so please send me in PDF format.
Thank you so much for this video, you're amazing!!
Great video! Thanks from NTU =]
Frodo Baggings as a macroeconomist.
i don't understand 1 thing, why is not optimal to choose D? if i have no consumption i should be happy no? what i miss? why don't have comptuntion is bad?
u silly sausage, its simple duhhhh
hi what happen to the steady-state and transition path if the production function shifts outward?
You have to be specific about exactly what you mean by "shift outward", but if you multiply the production function by a scalar greater than one, how would it effect the c dot = zero locus, and the k dot = zero locus? Hint: It will affect both, check the equations in the video.
@@davidjinkins8293 I understood now. Thank you so much for your reply! :))
@@davidjinkins8293 Thank you so much for your reply!!
In case of point D when f'(k)