University of Western Ontario
Keith Geddes (waterloo Retired, Peter Borwein Mathematics, Petr Lisonek Mathematics, Marnie Mishna Mathematics, Michael Monagan Mathematics, George Labahn, Computing Science, Éric Schost, Computer Science, Vahid Dabbaghian, Ilias Kotsirias, Wilfred Laurier · Neurosurgery · 1979
1. Write a program that solves for the equilibrium interest rate in the Huggett (1993) model and try to replicate the results in Table 1 of that paper. Hint: My results are not entirely consistent with his, though they are close. 2. A social planner maximizes E [ 1∑ t=0 tu(ct) subject to ct + kt+1 = (1 )kt + eztkt where zt+1 = zt + "t+1; where u(c): = lime! c1e 1