McGrattan, Ellen R. (contributor); … - 2007
catching up to the
EU-6 in the coming years.
A region of the world that was not open in the last half of the 20th Century is … in these countries is the world aggregate stock of technology
capital. In this case the stocks of technology capital used … owning its Ki and Mi and with no international borrowing and lending.
The world steady state interest rate is ρ given …