原创力文档- 56
- 0
- 约3.92千字
- 约 7页
- 2018-11-09 发布于湖北
- 举报
RamseyModel拉姆齐模型
LectureNotes3:
GrowthModel-Part
JennyXu,Econ5140,Fall2014
1TheNeoclassical2
MainFeatures
?Endogenizessavingratebyintroducinghouse-holdsand?rmsoptimization.
?DemonstratesthatpredictionsoftheSolowmodeldonothinderontheassumptionofa?xedsavingrate.
?Allowswelfareanalysis.
?Itisarepresentativehousehold,in?nitehori-zonmodel.
?Providesausefulframeworkforstudyingmanyothereconomicquestions.
2
Assumptions
?Aclosedeconomywithasinglegood(usedasbothconsumptiongoodandinvestmentgood).
?Perfectlycompetitiveoutput,capitalandlabourmarkets.
?Informationstructure:Perfectforesight.
3
DynamicE?cienc
文档评论（0）