Relative Wage Dtc

Documentation

Lean 4 Proof

def relativeWageDTC (α ρ A_K K A_L L : ℝ) : ℝ :=
  (α / (1 - α)) * (A_K / A_L) ^ ρ * (K / L) ^ (ρ - 1)

Dependency Graph

Module Section

Directed Technical Change Extension (Acemoglu 2002)