第十七讲 PDF

特例及解法沿自王鹏飞。
  
This is a very simple model in which labor-leisure decision is assumed away --- leisure does not enter the utility function. As a result, the equations are much simpler but the idea and methodology of RBC are nicely kept. I urge all of you to work out this simple example, step by step. A complete mastery of this example will drastically improve your understanding of RBC models.
    The example was produced in Scientific Workplace. But I suggest that you replicate the results here using either Matlab, Mathcad, or Mathematica.
    I met Pengfei in 2002 when he came from CCER to sit in my class at Tsinghua University. He became my colleague at HKUST this year after obtaining a PhD from Cornell.

祝大家圣诞快乐新年愉快！

香港科大商学院：谢丹阳

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