# Numerical Assignment Assignment | Numerical Assignment

Except question a,f,g,j can be write in word form, ithers have to make in the spreadsheet.

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.

Suppose that you have a standard Solow model with a Cobb-Douglas production function, f(kt)=Aktα. The central equation of the model can be written as Δkt+1=sf(kt)−dkt.

(a) Derive the closed-form solution for steady-state capital stock, k⋅, by hand.  (5 points points)

(b) Suppose that A = 1, s = 0.2, d=0.1, and α= 1/3. Create a new spreadsheet. In the top-left cell, using your answer from (a), numerically solve for k⋅(you should get a number). (5 points)

(c) Create a column in your spreadsheet corresponding to periods. Let these periods run from period 0 to period 100. Create additional columns for capital stock, output, consumption, investment, depreciation, and change in capital stock (see video  #4 for a walk-through). (2 points)

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.

(d) Suppose that in period 0, the capital stock per worker equals its steady-state, computed in (b).  Compute and fill in for output, consumption, investment, depreciation, and change in capital stock in period 0. (3 points)

(e) Using the central equation of the Solow model, compute capital stock per worker in period 1. Then repeat the process and fill in for output, consumption, investment, depreciation, and change in capital stock in period 1. (2 points)

(f) Iterate this process until you have filled all of the columns up to period 9. What is true about the capital stock in periods 0 through 9 when the capital stock starts in the steady-state in period 0? (3 points)

(g) Suppose that in period 10, the saving rate increases to 0.25 and is expected to forever remain there. What will happen to the capital stock in period 10? (2 points)

(h) Compute the capital stock in period 11, given the capital stock in period 10 and the new, higher saving rate.  Compute and fill in for output, consumption, investment, depreciation, and change in capital stock in period 11. (1 point)

(i) Iterate and fill in all of the columns all the way to period 100. (2 points)

(j) Approximately how many periods does it take the capital stock to get halfway to its new, higher steady-state value when s increases from 0.2 to 0.25? (5 points)

Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Entertainment & Gaming
Great work.
Customer 452441, April 29th, 2022
Nursing
Job well done!!!
Customer 453939, February 24th, 2020
Education
so professional
Customer 463461, October 10th, 2022
Good Job
Customer 453413, April 27th, 2020
WORK WELL DONE!
Customer 463463, November 1st, 2022
Retail
Well done. Looking foward to working with you again
Customer 463463, December 12th, 2022
Construction Management
Impressive
Customer 463153, July 14th, 2022
Human Resources Management (HRM)
Good work.
Customer 462499, May 29th, 2022
Economics
Good job.
Customer 456823, April 2nd, 2022
English 101
Good work.
Customer 456823, May 15th, 2022
Retail
Excellent work!
Customer 463463, December 12th, 2022
Other
Excellent work.
Customer 453187, July 5th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend