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1 vote
1 answer
215 views

Simple taylor approximation in macroeconomic model

1 vote
1 answer
172 views

What is the meaning of lagrange multiplier (especially in ramsey problem)

3 votes
1 answer
168 views

Infinite labor elasticity with frisch elasticity

1 vote
1 answer
140 views

Arrow debreu equilibrium or Radner equilibrium and spot prices

2 votes
1 answer
112 views

Process of deriving TVC(transversality conditon)

3 votes
1 answer
98 views

Balanced growth path with specific technology

1 vote
1 answer
88 views

How can the relationship $\frac{\triangle G_t}{Y_t}=\triangle \left(\frac{G_t}{Y_t}\right)$ be established?

0 votes
1 answer
72 views

How to determine ADF test criterion?

0 votes
1 answer
54 views

Self-selection problem can be solved in panel data analysis?

2 votes
1 answer
41 views

Why $\gamma(c,i)=cv(i)$ means diseconomies of scale?

0 votes
1 answer
31 views

Approximation around steady state calculation

1 vote
1 answer
30 views

Labor=1 in standard growth model