I have produced two hand-outs: ¡­

I have produced two hand-outs: Hand-out #5 is a small note related to a highly relevant question from last seminar: Why is the age of the oldest equipment in use constant in equilibrium? The second hand-out, Hand-out #6, outlines a simplified version of the Schumpeterian Model og Quality Ladder in chapter 7 in Barro Sala-i-Martin. This is the topic for tomorrow's lecture. You find them under "Teaching Material"