Solow Growth Model - Explained
Written by Jason Gordon
Updated at March 27th, 2023
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What is the Solow Growth Model?
he Solow Growth Model is a model used to measure economic growth. It analyzes changes in the level of output in an economy over time as a result of changes in the population growth rate, the savings rate, and the rate of technological progress.
Back to:ECONOMIC ANALYSIS & MONETARY POLICY
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