Solow Growth Model

Interactive steady-state explorer

Parameters

Steady State

Capital per worker k* = (s / δ)^1/(1−α) —

Output per worker y* = k*^α —

Consumption per worker c* = (1−s)·y* —

Investment = depreciation s·y* = δ·k* —

Intensive form: all variables per worker. α = 1/3 (fixed).