《高级宏观学教学资料》ch 2.pptVIP

Ch2 Infinite-horizon and Overlapping-  generations Models (无限期与跨期模型) ;Part A Ramsey-Cass-Koopmans Model;2.Households: (1)A large number of identical households (共有H户); (2)The size of each household grows at rate n; (3)1 unit of labor supplied by each member of the household at every point in time; (4)Initial capital holdings of the household:;(6)The instantaneous utility function takes the form:;§2.2 Behavior of Households and Firms ; (2)The marginal product of labor(劳动的边际产出);2.Behavior of households;移项得：; ;Thus the Budget Constraint Can Be writ