Application of Solow Swan Model - Effect of an Increase in Technology Growth

What is the effect on Aggregate Output, Capital, Investment and Consumption, per-capita output, capital, investment and consumption, and per-effective-worker capital and output of a change in the growth rate of labor augmented technology?
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Video Outline
-Solow Diagram
-Time Series
--Per-effective workers, k ̂,y ̂
--Per-Capita Levels, k,y,i & c
--Aggregate Levels, Y,K

[@craigyjustine]

Thank you so much for this, man!! I have a midterm exam later including this topic and this will be of 10000% big help to me!!

[@user-de6uw8rg9x]

Why does k*(t) not contain g explicitly? We multiply k-hat by A to calculate it, but there is still some non-zero growth rate g. Similar situation for K*(t) and n.

[@user-dp9vt3ui8o]

You sir are incredible

[@akashp134]

Hello, having done some reading I understand that productivity = efficiency X technology. However the book goes on to tell me that I can not model a technological shock using the solow model because it lead to a permanent increase in output. The solow model will only model a transitory movement. Therefore when you talk about this technological shock are you referring to an increase in efficiency ?

[@TrangTTPham-cy1wn]

It's really helpful.
Thanks a bunch. You did help me out of my Solow exercises.

[@m.radixkharisma8601]

This is so helpful, thanks❤

[@OscarAbarcaChinchilla]

Thanks a lot for this video.

[@jwoodage1994]

Whats the overall effect on c*? its growth rate (g) increases, but the level of output per effective worker falls.

[@melaniemarchant]

Does the growth rate of output per worker decreases and then grows again at the growth rate g in the new steady state (balance path)?

[@TheHajbaj]

Awesome!

[@MrAMerang]

Mahalo

[@akashp134]

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