[scalar_dynam] add explanation to parameters and add explanation of k #529
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jstac reviewed Jul 23, 2024
lectures/scalar_dynam.md Outdated
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| Here $k$ is the per capita capital stock and $s, z, \alpha, \delta$ are positive | ||
| parameters with $0 < \alpha, \delta < 1$. | ||
| Here $k=K/L$ is the per capita capital stock, $s$ is the saving rate, $A$ is the total factor productivity, $\alpha$ is the capital share, and $\delta$ is the depreciation rate. All these parameter are positive and $0 < \alpha, \delta < 1$. |
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This is nice, thanks @longye-tian .
Perhaps "All these..." should be on a new line to match the style manual.
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Got it!
I will revise it now ❤️
mmcky approved these changes Jul 23, 2024
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| thanks @longye-tian |
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Dear John @jstac and Matt @mmcky ,
This pull request is to update the suggestions with high priority in lecture scalar_dynam.md according #526.
In particular this pull request
What do you think about these changes? Would you like to change anything?
Best ❤️
Longye