Consider the discrete-time perpetual youth model discussed
Consider the discrete-time perpetual youth model discussed in Section 9.7 and assume that preferences are logarithmic. Characterize the steady-state equilibrium and the equilibrium dynamics of the capital-labor ratio.
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generalize the analysis of the continuous-time perpetual youth model of section 98 to an economy with labor-augmenting
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consider the continuous-time perpetual youth model of section 98a show that given l 0 1 the initial size of a cohort
consider the discrete-time perpetual youth model discussed in section 97 and assume that preferences are logarithmic
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