Just to make sure I'm right, essentially capital will go back to the original steady state (there is no new steady state?). And there could be a point between k1 and k* that represents the short term (between immediate and long term) affect of the original reduction of the capitol stock?
I'm not sure I understand the second sentence/question. But regarding the first, yes, in this example with this model (pretty simple version of the world... but this is macroeconomics) the per-capita-capital-stock will go back to the original steady state.
THANK YOU SO MUCH BETTER EXPLAINED THAN MY PROF
really well explained, this was very helpful, thank you!
Thank you, that is very nice to say!
so well explained! thank you
What is causing capital per worker to return to the steady state following the shock?
Thank you for this, explained better than my prof goddamn!
thanks for your videos, they really help
nice video
Thanks for this, really helped a lot
hi, can I know why the steady-state do not change?
can you explain the effect of war on labor and postwar output per worker
Just to make sure I'm right, essentially capital will go back to the original steady state (there is no new steady state?). And there could be a point between k1 and k* that represents the short term (between immediate and long term) affect of the original reduction of the capitol stock?
I'm not sure I understand the second sentence/question.
But regarding the first, yes, in this example with this model (pretty simple version of the world... but this is macroeconomics) the per-capita-capital-stock will go back to the original steady state.
What program is this done in?
what software are you using to generate those graphs?
i want to know too.
Thank you Sir How can I contact you email or whatsapp.