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Merge pull request #63 from QuantEcon/solow_2
LECT: Solow typos
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lectures/solow.md

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@@ -63,7 +63,7 @@ Production functions with this property include
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We assume a closed economy, so domestic investment equals aggregate domestic
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saving.
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The saving rate is a constant $s$ satisfying $0 < s < 1$, so that aggregate
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The saving rate is a constant $s$ satisfying $0 \leq s \leq 1$, so that aggregate
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investment and saving both equal $s Y_t$.
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Capital depreciates: without replenishing through investment, one unit of capital today
@@ -433,7 +433,7 @@ Use the Cobb--Douglas specification $f(k) = A k^\alpha$.
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Set $A=2.0, \alpha=0.3,$ and $\delta=0.5$
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Also, find the approximate value of $s$ that maximizes the $C^*(s)$ and show it in the plot.
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Also, find the approximate value of $s$ that maximizes the $c^*(s)$ and show it in the plot.
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```
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@@ -484,7 +484,7 @@ ax.annotate(r'$s^*$',
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textcoords='offset points',
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fontsize=12,
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arrowprops=dict(arrowstyle="->"))
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ax.plot(s_grid, c_star, label=r'$C*(s)$')
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ax.plot(s_grid, c_star, label=r'$c^*(s)$')
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ax.plot(x_s_max, y_s_max, alpha=0.5, ls='dotted')
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ax.set_xlabel(r'$s$')
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ax.set_ylabel(r'$C^*(s)$')

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