ADVANCEDMACROECONOMICSCHAPTER2汇.pptVIP

Ch2 Infinite-horizon and Overlapping-  generations Models (无限期与跨期模型) 基本思路:研究储蓄率（即资本积累）的内生性，为此引入微观经济主体（消费者）的决策行为，即消费者在预算约束条件下最大化其效用。 Part A Ramsey-Cass-Koopmans Model §2.1 Assumptions 1.Firms: (1) Perfect competition; (2) Lots of identical firms→生产函数可加总; (3)δ=0(No depreciation). 2.Households: (1)A large number of identical households (H); (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