Lecture 4 26

Lecture 4 26 - k k k A A A k k k k k k A k AN K k = − =...

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In the Steady State But how about output per worker and capital per worker? Is there growth in output per worker (not per effective worker ) in the steady state? g A A A
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Unformatted text preview: k k k A A A k k k k k k A k AN K k = − = − ⇒ = − − − = − = = ' ' ' ' ~ ~ ' ~ ~ So capital per worker grows at the rate of technology, g...
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