A Note on the Transitional Behavior of the Saving Rate in the Neo-Classical Growth Model (the Cobb-Douglas Case)
4 Pages Posted: 23 Mar 2009
Date Written: March 17, 2009
In this short note I clarify two features of Figure 2.3 in Barro and Sala-i-Martin . The figure, as it appeared in the first and second editions of the book, is confusing if not wrong. I hope this note will serve as a corrigendum to the figure.
Keywords: Transition Dynamics, Saving Rate, Neo-classical Growth Model
JEL Classification: O4
Suggested Citation: Suggested Citation