Solow Growth Model Simulation
Simulation initialization
Number of periods to simulate
Initial labor efficiency
Initial capital per effective worker
Start in the steady state.
Initial parameter values
Total factor productivity (
A
)
Labor share of income (α)
Saving rate (
s
)
Capital depreciation rate (δ)
Growth rate of population (
n
)
Growth rate of labor efficiency (
g
)
New parameter values
Total factor productivity (
A
)
Labor share of income (α)
Saving rate (
s
)
Capital depreciation rate (δ)
Growth rate of population (
n
)
Growth rate of labor efficiency (
g
)
Submit