# All Questions

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### Solving Euler Equation for standard DSGE Models

I am studying a rather standard DSGE Model with a standard Utility function $U = f(c_t, n_t, M_t)$ subject to a budget constraint. Now, tosolve the intertemporal optimization problem I have, or ...
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### calculating quarterly rates from

What is the "normal" way to calculate quarterly rates OR Prices. E.g. calculate the quarterly Oil Price, if I have the monthly data? I suppose simply taking the average of the three months isn't the ...
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### Interest rate in the Ramsay-Cass-Koopmans model in a closed economy

I am struggling to understand the optimal choices of firms in the Ramsey-Cass-Koopmans model. Specifically, everywhere I see there is the following optimality condition for the interest rate, $r_{t}$, ...
29 views

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### Why is the state variable in Brock-Mirman model bounded above?

as a beginner in macro, I'm trying to understand the Brock-Mirman model for one of my assignments and I am told (in the assignment) that there is a $k^*$ such that k is bounded. From the production ...
78 views

### How long can I live in the United States with my German monthly income?

I see different (more or less abstract resp. specific) approaches to compare wealth (of individuals, regions, and countries): by living standards by living expenses by incomes/salaries by purchasing ...
### How to calculate PPP$from LCUs? Is there one single formula which allows to calculate the income of a person in PPP\$ from her income in LCUs (local currency units), given for example the PPP conversion factor, GDP (LCU per ...
Inspired by this question. The original question was answered by Amit with some nice examples. I would like to know the generalized answer: Suppose we have a preference ordering $\succeq$, which is ...