Mathematics for Economists
greg delong
(Greg DeLong)
2019-08-06 00:52:35 UTC
#1
Production saving model
∂L
∂ct = β
tU (^0) (ct)+λt μ
t=^0.
By the Inada conditionλt> 0 .hence
ct+kt+ 1 f(kt)= 0.
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