Question: 5. By considering again the linear approximation around steady state, etc., find, also for this model, the rate of convergence A for y, according to

5. By considering again the linear approximation around steady state, etc., find, also for this model, the rate of convergence A for y, according to the linear approximation. Show that

(again) A goes to 0 as t/> goes to 1. (The latter result means that the endogenous growth model (¢; = 1) without the scale effect approximates the behaviour of the model considered here for large ¢.)

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