we are asked to make explicit the numerical value of every coefficient. My kstar(the steady state one) depends on beta, but we don't have a value for it. Is it missing or should I just leave beta in the final formula? Thanks Eleonora
here we are asked to solve a stochastic model but we do not have there is no data of the stochastic process, is there a typo? should we solved just a deterministic case? Thanks Lian
Hi, Lian! In the latest version of Problem Set 4 you are ask to solve a deterministic model. There are no shocks in any of the functions. Please read the question carefully and get back to me if you still disagree.
we are asked to make explicit the numerical value of every coefficient. My kstar(the steady state one) depends on beta, but we don't have a value for it. Is it missing or should I just leave beta in the final formula? Thanks
ReplyDeleteEleonora
Another typo! Please solve the problem for alpha=0.5, beta=0.9, and delta=0.1. I am sorry again :-((
ReplyDeletehere we are asked to solve a stochastic model but we do not have there is no data of the stochastic process, is there a typo? should we solved just a deterministic case?
ReplyDeleteThanks
Lian
Hi, Lian!
ReplyDeleteIn the latest version of Problem Set 4 you are ask to solve a deterministic model. There are no shocks in any of the functions. Please read the question carefully and get back to me if you still disagree.