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Solow's Growth Convergence Model
14:09duration 14 minutes 9 seconds
Solow's Growth Convergence Model
From SDG Academy
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| 33 33 playsThis video focuses on central bank and monetary policy, and specifically how central banking has evolved in recent years. Most banks aim to control interest rates rather… -
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| 14 14 playsThis chapter discusses the money supply process by the central bank. In most countries, the short-term interest rate is used as the instrument of monetary policy. There… -
From SDG Academy
| 22 22 playsThis chapter discusses inflation, unemployment, and stabilization. It begins with the example of hyperinflation in Zimbabwe in the late 2000s, and provides other real… -
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| 21 21 playsIn this chapter, Professor Larraín talks about the sources of economic growth and Solow's growth accounting framework. Solow’s framework says that… -
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| 17 17 playsThis chapter discusses the real exchange rate and the role of non-traded goods. The real exchange rate is a measure of a country’s competitiveness, defined through… -
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| 16 16 playsThe chapter focuses on long term economic growth and begins with the growth experiences of Southeast Asia and Latin America. Professor Larraín introduces the Rule… -
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| 7 7 playsThis chapter discusses the cost of inflation, through both expected and unexpected inflation. Inflation is a tax over the money balance that agents hold. Professor… -
From SDG Academy
| 4 4 playsThis chapter discusses fiscal policy and institutions, beginning with a focus on the Maastricht Treaty, and goes on to explain fiscal balance, with a discussion of aging…