Phase Diagrams Tutorial

Posted: November 13, 2015 in Educational Material, Grad Macro I Fall 2015-2016
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Architect tableI upload here a Phase Diagram tutorial: how we construct it, and how it can be exploited to yield comparative statics results that may not be otherwise obtainable.

The tutorial is not comprehensive – it focuses on the basic growth models in economics that exhibit saddle-path stability.

Phase Diagrams Construction and Comparative Statics

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