a. Give 5 possible ways to endogenize productivity growth/technological progress. b. Using a model of the choice of time
Posted: Wed Apr 27, 2022 11:40 am
a. Give 5 possible ways to endogenize productivity
growth/technological progress.
b. Using a model of the choice of time allocated to labour
and education, show how education matters for the endogenous growth
of an economy.
c. Explain the intertemporal tradeoffs involved in this choice,
and explain how policy can influence this choice and its
effectiveness
growth/technological progress.
b. Using a model of the choice of time allocated to labour
and education, show how education matters for the endogenous growth
of an economy.
c. Explain the intertemporal tradeoffs involved in this choice,
and explain how policy can influence this choice and its
effectiveness