15646157
Description
Flashcards by Peter Hazlett, updated more than 1 year ago
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Created by Peter Hazlett
almost 6 years ago
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| Question | Answer |
| Population |
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Dm1 (binary/octet-stream)
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| Technology |
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D4 (binary/octet-stream)
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| Real Interest Rate |
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Rck6 (binary/octet-stream)
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| Wage per unit of effective worker |
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Rck7 (binary/octet-stream)
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| Individual Utility Function |
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D2 (binary/octet-stream)
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| Income (Budget Constraint) |
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D5 (binary/octet-stream)
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| Consumption in Period 1 |
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D6 (binary/octet-stream)
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| Savings Rate |
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D7 (binary/octet-stream)
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| Dynamics of Capital |
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D8 (binary/octet-stream)
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| Dynamics of Capital per unit of effective labor |
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D9 (binary/octet-stream)
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| Dynamics of Capital per unit of effective labor with a Logarithmic Utility Function and Cobb-Douglas Production Function |
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D10 (binary/octet-stream)
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| Dynamic Inefficiency |
Whenever f'(k)=r>n=f'(k_GR), the economy is dynamically inefficient.
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D11 (binary/octet-stream)
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| Steady-State Value of Capital per unit of effective worker (Log U and CD PF) |
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D12 (binary/octet-stream)
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| f'(k*) (Log U and CD PF) |
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D13 (binary/octet-stream)
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| Golden Rule (Log U and CD PF) |
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D14 (binary/octet-stream)
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| Comparing f'(k*) with f'(k_GR) (Log U and CD PF) |
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D15 (binary/octet-stream)
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| Introducing Government Into Dynamics of Capital per unit of effective labor (Log U and CD PF) |
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D16 (binary/octet-stream)
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