World Saving

What does the Solow (neoclassical) growth model say about the evolution of the steady state capital per worker ratio. What does this evolution suggest happened to world real interest rates?

World Savings Savings (and consumption) play a central role in macroeconomic analysis. In this question, we will discuss a number of aspects connected to changes in savings. Consider the following graph that describes the evolution of the World Saving Rate. see attached graph What does the Solow (neoclassical) growth model say about the evolution of […]

Scroll to top