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Lesson· Economic Growth 2· 5 of 8
The Solow Model 3 – Taking the Model to Data
Alex TabarrokGeorge Mason University
The Solow model is consistent with some aspects of the data on growth but not with other aspects. What do we learn from the consistencies and the inconsistencies?
Related videos: The Solow Model - (Brief, no math), The Solow Model 1 – Introduction, The Solow Model 2 – Comparative Statics, The Solow Model 4 – Productivity