Why is sustained per-capita growth possible in the Romer model but not in the Solow model?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 17, 2024 11:00 PM

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Why is sustained per-capita growth possible in the Romer model but not in the Solow model?

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Introduction The Romer model and the Solow model are two prominent economic growth models that offer insights into the factors influencing longterm ec...View the full answer

Macroeconomics Policy And Practice

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