Title | ECON 100B | FALL 2020 - Prof Hawkins| Problem Set 3 |
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Course | Economic Analysis--Macro |
Institution | University of California, Berkeley |
Pages | 4 |
File Size | 437 KB |
File Type | |
Total Downloads | 46 |
Total Views | 134 |
ECON 100B Course, taken fall 2020 with professor Raymond Hawkins, problem set #3 full answers but no questions...
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I estimated the shock to K/L to be a decrease from 1 to approximately 0.3, as post-WWI Germany likely experienced a drop in capital per worker rather than an increase. I struggled to model the Solow Swan graph accurately, as I was unsure how to make it rise back to the steady state after its initial drop....