Talk:Solow–Swan model: Difference between revisions
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I'll try to work it out, but I'm not sure if I'm capable of that. |
I'll try to work it out, but I'm not sure if I'm capable of that. |
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Well, it looks more messy than wrong - t is standard usage for time, d generally means derivative. The other d stands for depreciation - generally denoted by a delta but hard to do here. It does need to be fixed up a bit. And if possible put that sucker in continues time.[[User:Radeksz|radek]] |
Well, it looks more messy than wrong - t is standard usage for time, d generally means derivative. The other d stands for depreciation - generally denoted by a delta but hard to do here. It does need to be fixed up a bit. And if possible put that sucker in continues time.[[User:Radeksz|radek]] |
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Can anyone tell me which d needs to be changed to δ and which should be replaced by delta? |
Can anyone tell me which d needs to be changed to δ and which should be replaced by delta? |
Revision as of 01:11, 20 April 2006
Changes in the short term vs. changes in the long term
It would help if we could have an explanation about the differences between shocks (one time events) and permanent change. It would also be helpful to have an example showing the difference between the short term and long term changes in the steady-state in various circumstances.
No need to explain technological progress
I don't know how somebody can say that the model needs to explain why technological progress occurs. That sounds pretty much like wondering why mankind exists...
Golden Rule Savings Rate
There needs to be some mention of the golden rule level of savings here that sets the savings rate to maximize consumption. But, unfortunately, no such article on that exists yet. Scott Ritchie 22:02, 28 May 2005 (UTC)
- Hi, I've added a stub under the name "Golden Rule (growth)". I've chosen this name to match similar names on the Golden Rule disambiguation page. Presently, it is a stub; perhaps you are able to extend it?
- Cheers, Wragge 23:03, 2005 May 28 (UTC)
- I moved the page to Golden Rule savings rate, as I believe that to be a more complete article title that helps avoid the need for parenthesis (which also might confuse it with the British thing mentioned on the Golden Rule disambig page.) Thanks for getting the ball rolling :) Scott Ritchie 21:01, 29 May 2005 (UTC)
Solution is wrong
Janpieter 00:25, 12 January 2006 (UTC) The solution of the equotations isn't correct. After the differentiating-part the formula is incorrect. Variables are changed. The d is used for multiple purposes, it isn't clear. The same with the variable t, where is it introduced?
Furter, the images of the formulas are incomplete.
I'll try to work it out, but I'm not sure if I'm capable of that.
Well, it looks more messy than wrong - t is standard usage for time, d generally means derivative. The other d stands for depreciation - generally denoted by a delta but hard to do here. It does need to be fixed up a bit. And if possible put that sucker in continues time.radek
Can anyone tell me which d needs to be changed to δ and which should be replaced by delta?
Good Work
I'd like to congradulate the editors of this article for doing a much better job explaining this model than my professor. -Drdisque 16:28, 16 February 2006 (UTC)