Characterize the dynamic equilibrium of this economy

Reference no: EM131139731

Consider the OLG model with warm glow preferences in Section 9.6, and suppose that preferences are given by c(t)ηb(t)^1-η, with η ∈ (0, 1), instead of (9.21). The production side is the same as in Section 9.6. Characterize the dynamic equilibrium of this economy

Reference no: EM131139731

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