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Solutions Manual for "Introduction to Modern Economic Growth":
Student Edition
Michael Peters & Alp Simsek

Book Description
Introduction [in PDF format]

TABLE OF CONTENTS:

Introduction ix

Chapter 2: The Solow Growth Model 1
Exercise 2.11 1
Exercise 2.14* 5
Exercise 2.17 7
Exercise 2.18* 10
Exercise 2.19* 11
Exercise 2.20 12
Exercise 2.23 14
Exercise 2.27 17

Chapter 3: The Solow Model and the Data 21
Exercise 3.1 21
Exercise 3.9 23

Chapter 4: Fundamental Determinants of Differences in Economic Performance 25
Exercise 4.3 25

Chapter 5: Foundations of Neoclassical Growth 27
Exercise 5.9 27
Exercise 5.11 29
Exercise 5.12 30
Exercise 5.14* 36

Chapter 6: Infinite-Horizon Optimization and Dynamic Programming 39
Exercise 6.2* 39
Exercise 6.8 39
Exercise 6.9 43

Chapter 7: An Introduction to the Theory of Optimal Control 45
Exercise 7.1 45
Exercise 7.10 47
Exercise 7.17* 47
Exercise 7.18 48
Exercise 7.21 50
Exercise 7.24* 51
Exercise 7.25 55
Exercise 7.28 56

Chapter 8: The Neoclassical Growth Model 63
Exercise 8.2 63
Exercise 8.11 64
Exercise 8.15 66
Exercise 8.19 68
Exercise 8.23 69
Exercise 8.27 73
Exercise 8.31 76
Exercise 8.33 81

Chapter 9: Growth with Overlapping Generations 87
Exercise 9.1 87
Exercise 9.6 88
Exercise 9.7 90
Exercise 9.15 93
Exercise 9.16 95
Exercise 9.17 100
Exercise 9.21 101
Exercise 9.24* 102
Exercise 9.32* 104

Chapter 10: Human Capital and Economic Growth 107
Exercise 10.2 107
Exercise 10.6 109
Exercise 10.7 113

Chapter 11: First-Generation Models of Endogenous Growth 119
Exercise 11.4 119
Exercise 11.14 125
Exercise 11.17 129
Exercise 11.18 130

Chapter 12: Modeling Technological Change 131
Exercise 12.2 131
Exercise 12.11 132
Exercise 12.13 134

Chapter 13: Expanding Variety Models 139
Exercise 13.1 139
Exercise 13.6 141
Exercise 13.7 142
Exercise 13.13* 144
Exercise 13.15 148
Exercise 13.19 150
Exercise 13.22 159

Chapter 14: Models of Schumpeterian Growth 163
Exercise 14.2 163
Exercise 14.7* 164
Exercise 14.13 167
Exercise 14.15 171
Exercise 14.18 179
Exercise 14.21* 182
Exercise 14.26 186

Chapter 15: Directed Technological Change 197
Exercise 15.6 197
Exercise 15.18 201
Exercise 15.19 212
Exercise 15.24* 216
Exercise 15.27 218

Chapter 16: Stochastic Dynamic Programming 223
Exercise 16.4* 223
Exercise 16.8 224
Exercise 16.10 224
Exercise 16.11* 225
Exercise 16.12 231
Exercise 16.14 233

Chapter 17: Stochastic Growth Models 237
Exercise 17.13 237
Exercise 17.18 240
Exercise 17.30 * 243

Chapter 18: Diffusion of Technology 249
Exercise 18.8 249
Exercise 18.13* 254
Exercise 18.16* 258
Exercise 18.21 260

Chapter 19: Trade and Growth 263
Exercise 19.2* 263
Exercise 19.3 266
Exercise 19.4* 268
Exercise 19.11* 270
Exercise 19.25* 273
Exercise 19.26 * 274
Exercise 19.27 * 279
Exercise 19.28 284
Exercise 19.29 285
Exercise 19.33 289

Chapter 20: Structural Change and Economic Growth 293
Exercise 20.3 293
Exercise 20.5 294
Exercise 20.6 296
Exercise 20.8 296
Exercise 20.9* 299
Exercise 20.17 299
Exercise 20.19* 305

Chapter 21: Structural Transformations and Market Failures in Development 309
Exercise 21.1 309
Exercise 21.6 311
Exercise 21.12 315

Chapter 22: Institutions, Political Economy and Growth 323
Exercise 22.2 323
Exercise 22.3 326
Exercise 22.8 328
Exercise 22.16 329
Exercise 22.17 335
Exercise 22.22* 338
Exercise 22.27 343

Chapter 23: Institutions, Political Economy and Growth 351
Exercise 23.12 351
References 361

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File created: 4/17/2014

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