Anybody have the footage where he explains figures 8-4 and 8-5 from the text?

This is very useful 🙏, from Tanzania 🇹🇿, East Africa.

good teaching skills, thanks, from Albert-Ludwigs Uni of Freiburg, Germany

Why is the audio for every Econ video SO low?

Thanks for the video.

These are all excellent lectures on durable goods. Like the Poterba model but without the phase diagrams

This right here is one packed gem.

Labor and Capital has always been and will be the strong body of economic growth. No doubt about that. But, there is so much happening about TFP now and in getting momentum on last past few decades... TFP carry much more noise in the short run than it should. In fact, just as we could see here.. it is mesured as a resid. But, its realation forces with inflation, interest rates and risks are significally diferent from what Labor and Capital have, even in the short run. But, smoothly it has some accumulated effects in the long run that make it so robust and consistent for economic growth. I have 15 years working on financial sector, graduate and master in economics studying TFP in macroeconometric models, and there is no other relevant problem I would mostly like to have the opportunity to reveal its solution.

Oh Gary, thou prophetic soul....

What about Robinson's critics of capital measurement? Capital is expected to be a physical good but it is measured with prices, therefore if the price structure changes K changes but it does not mean that there is a change in physical capital.

Is this capital thing discussed in this video somehow related to the Cambridge controversy?

Very good series, takes time to follow it and prerequisite of a careful revision of calculus concepts but provides a deep understanding of price indices.

Very helpful video, thanks!

This is fantastic 🆗👍👍👍👍👍

Great video

Nice video! Seems like there are a lot of implications of TFP that would be fun to explore.

This is the best lecturer on this topic

i think he's amazing! very clear!

伟大的贝克尔

great explanation

fireeeeeeee

膜！

Cool teacher