Irreversibility of investment in the ramsey model

Assignment Help Econometrics
Reference no: EM131037560

Irreversibility of investment in the Ramsey model. Suppose that the economybegins with ˆk (0) > ˆk *. How does the transition path differ depending on whether capital isreversible (convertible back into consumables on a one-to-one basis) or irreversible?

Reference no: EM131037560

Questions Cloud

What are some possibilities for fraud in particular account : What are some possibilities for fraud in this particular account? What are some judgment decisions that the auditor needs to make in this account?
For the differential amplifier shown : For the differential amplifier shown in Fig. P9.62, identify and sketch the differential half-circuit and the common-mode half-circuit. Find the differential gain, the differential input resistance, the common-mode gain assuming the resistances RC..
How will data security-social media and privacy issues : How will Data Security, Social Media and Privacy Issues, Manage the Data Deluge with Data Mining and Predictive Analytics affect a company/organization from a management perspective.
The differential amplifier circuit : .61 The differential amplifier circuit of Fig. P9.61 utilizes a resistor connected to the negative power supply to establish the bias current I.
Irreversibility of investment in the ramsey model : How does the transition path differ depending on whether capital isreversible (convertible back into consumables on a one-to-one basis) or irreversible?
Preclusion of borrowing in the ramsey model : Consider the household optimizationproblem in the Ramsey model. How do the results change if consumers are not allowedto borrow, only to save?
Record the purchase of office supplies on account : Record the purchase of office supplies on account. Record the cash received as advance payment on equipment rental. Record the salaries paid for the first two weeks. Record the rental fees earned in first 15 days of December.
Do we really need two categories of traffic violations : Suppose that the police of a certain city want to detain someone but cannot quite find the reason for it so the guy is detained under the pretext that "He simulated to be intoxicated." Is something like that possible? What do you think about the "..
Calculate the exact elasticity of demand : When the price of a deluxe car wash rises from $10.00 to $11.00, the number of daily customers falls from 60 to 48

Reviews

Write a Review

 

Econometrics Questions & Answers

  Compute the cost savings that the company makes per year

A high-tech company in the US can have one of the popular items made offshore at half the price of making them in the US. However, about 90% of the items made offshore will be returned within the warranty period of 1 year for repairs. The followin..

  Suppose the ratio of deposits that banks hold in the form

suppose the ratio of deposits that banks hold in the form of reserves is 7 percent. suppose further that people want to

  What are the chance to lose cash or have it stolen

Using a spreadsheet program or a calculator, solve Tracy's problem of how often to go to the ATM when the norminal interest rate on her bank account is 10%, she spends $30 each day, it costs her $0.50 each time she uses the ATM.

  What is the meaning of the term 1day-l

U(C,1day-L)=4C2/3(1day-L)1/3, where C is the amount of consumption and L is the number of hours worked. If the price for consumption is $9, the wage rate per hour is $6, initially the consumer had $162 and 24 hours as time endowment;

  How much is result in an increase in consumption or spending

MPS= 40 with no government and no foreign trade a 10 billion dollar increase in investment will enventually result in an increase in consumption or spending and how much

  What rate of return was made by the purchaser

A $10,000 mortgage bond with a bond interest rate Of 8% per year, payable quarterly, was purchased for $9200. The bond was kept until it was due, a total of 7 years. What rate of return was made by the purchaser per 3 months and per year.

  What is the present worth of the project using marr

A new machine is to be purchased for $150,000. The company believes it will generate $60,000 annually in revenue due to the purchase of this machine. The company will have to train an operator to run this machine

  If companys marr is 15 should the machine be purchased now

Seven years ago a vertical drill was purchased for $10,000. Drill had 12 years of expected life and zero estimated value at the end of that period. The current market value of the drill is $1,000. The new drill's total investment cost would be $12..

  Casper consumes cocoa and cheese cocoa is sold in an

casper consumes cocoa and cheese. cocoa is sold in an unusual way. there is only one supplier and the more cocoa you

  How would the both make themselves better off

Firm ‘A' can make either 500 flashlights or 2000 batteries. Firm ‘B' can make either 650 flashlights or 1500 batteries. a) Who has comparative advantage in each good b) How would they both make themselves better off

  What is the expected change in the quantity demanded

Assume your research staff used regression analysis to estimate the industry demand curve for Product X. Where Qx is the quantity demanded of Product X, Px is the price of X, Y is income, and r is the prime interest rate

  Which represents the situation faced y the two firms

Two firms, Cappcore and Tradiola, are each emitting 6 units of pollution, and the government wants to reduce the total level of pollution from the curent level of 12 to 4. To do this, the government caps each firm's allowed pollution level at 2.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd