高级国际金融学教程习题答案ch7ans文档.pdfVIP

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高级国际金融学教程习题答案ch7ans文档.pdf

Foundations of International Macroeconomics1 Workbook2 Maurice Obstfeld, Kenneth Rogoff, and Gita Gopinath Chapter 7 Solutions 1. (The word ìequiproportionateî in the third line of the statement of this exercise should be ìlump-sum.î) (a) With the introduction of tax-financed government spending in the Weil (1989a) model, the period budget constraint for a family of vintage υ is given by kυ = (1 + r ) kυ + w − τ − cυ t+

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