Thank you very much for watching the video! For part 1, please see th-cam.com/video/Cni699EaE4E/w-d-xo.htmlsi=bUY0PjNhTh6Mw2s_ For an endogenous growth model with endogenous human capital accumulation, please see th-cam.com/video/D3B9tZLMz90/w-d-xo.html For an endogenous growth model with automation, please see th-cam.com/video/SH-jhoI4Bdg/w-d-xo.html th-cam.com/video/G46U4S1Q_qQ/w-d-xo.html For more videos on macroeconomics, please see the playlist "Advanced Macroeconomics": th-cam.com/play/PLHCd4G3qW92kRLjoJN32TNz5QyhftE83j.html Thank you for your kind comments that I appreciate a lot.
I don't understand why at 14:38 it is said that rK=(alpha^2)Y. This is certainly true, but i have not been able to locate why it is so in any book. We can get close to this expression by using p=r/alpha and x=K/A, but there is still something missing. I have looked in very possibile book, including Barro and Sala-i-Martin, and nowhere it is clearly explained
Thank you for your comment! If you plug in all the expressions derived before, for r, p, x, etc., then rK = alpha^2 Y should be the outcome. The intution is that capital income is only a part of asset income in this setting, so the share of total income going to capital owners is lower than in the standard Ramsey-Cass-Koopmans case (where it is rK = alpha Y). Perhaps there is a typo in one of the steps in between but I would need to check as soon as I have time.
Sir, sry to bother u again but can you pls guide if there is any study material to start to study about endogenous growth in non CES models as I hv just joined phd in economic growth and wish to pursue in this field
Probably a good starting point would be the following paper by Alberto Bucci and Vladimir Matveenko: www.jstor.org/stable/44980254?seq=1#metadata_info_tab_contents I hope this is helpful!
Thank you very much for watching the video! For part 1, please see
th-cam.com/video/Cni699EaE4E/w-d-xo.htmlsi=bUY0PjNhTh6Mw2s_
For an endogenous growth model with endogenous human capital accumulation, please see
th-cam.com/video/D3B9tZLMz90/w-d-xo.html
For an endogenous growth model with automation, please see
th-cam.com/video/SH-jhoI4Bdg/w-d-xo.html
th-cam.com/video/G46U4S1Q_qQ/w-d-xo.html
For more videos on macroeconomics, please see the playlist "Advanced Macroeconomics":
th-cam.com/play/PLHCd4G3qW92kRLjoJN32TNz5QyhftE83j.html
Thank you for your kind comments that I appreciate a lot.
Thank you, Professor. You are awesome! God bless you.
Thank you so much!
I don't understand why at 14:38 it is said that rK=(alpha^2)Y. This is certainly true, but i have not been able to locate why it is so in any book. We can get close to this expression by using p=r/alpha and x=K/A, but there is still something missing. I have looked in very possibile book, including Barro and Sala-i-Martin, and nowhere it is clearly explained
Thank you for your comment!
If you plug in all the expressions derived before, for r, p, x, etc., then rK = alpha^2 Y should be the outcome. The intution is that capital income is only a part of asset income in this setting, so the share of total income going to capital owners is lower than in the standard Ramsey-Cass-Koopmans case (where it is rK = alpha Y).
Perhaps there is a typo in one of the steps in between but I would need to check as soon as I have time.
...then rK = alpha^2 Y should be the outcome.... Well, may be, but I don't see how.
Sir, sry to bother u again but can you pls guide if there is any study material to start to study about endogenous growth in non CES models as I hv just joined phd in economic growth and wish to pursue in this field
Probably a good starting point would be the following paper by Alberto Bucci and Vladimir Matveenko: www.jstor.org/stable/44980254?seq=1#metadata_info_tab_contents
I hope this is helpful!
@@KlausPrettner yes sir I have read that paper
Hello. Can you shere with as thèse PDF
Hello. You can send me an email for the pdf