Question
Produce a series for the capital stock using the capital accumulation equation. That is, assume an initial value of 6,100 for the capital stock in
Produce a series for the capital stock using the capital accumulation equation. That is, assume an\ initial value of 6,100 for the capital stock in the first quarter of 1950 (dont worry about where I get\ that number). Assume a quarterly depreciation rate of \\\\delta = 0.03. Then the capital accumulation equation\ can be used to trace out subsequent values of the capital stock:
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
