Solow Model Simulator
(Cobb-Douglas, discrete time)
Runs: 0
Paused
t = 0
Prev runs: gray
New run: colored
Output
Y(t)
Output growth
gY(t)=100*Y(t)/Y(t-1)-1
Output per worker
y(t)=Y/L
Output per worker growth
gy(t)=100*(y(t)/y(t-1)-1)
Labor force
L(t)
Productivity
A(t)
Parameters
Capital share
a
(0,1)
Savings rate
s
(0,1)
Depreciation
d
(0,1)
Labor force growth
n
per period
Prod. growth
a
per period
Periods
T
integer
Initial capital
K0
Initial labor force size
L0
Initial productivity
A0
Milisecond per step
ms/step
Donation to the economy (add to capital)
?K
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Please send your feedback or suggestions to
mahmuts@bilkent.edu.tr
.