Overview:
• Review of lecture last week
• Social planner’s optimum again: a performance benchmark for the decentralized market economy
• Dynamic efficiency and inefficiency
• Using the OLG model for policy analysis: pensions, debt, intergenerational altruism
• Infinitely-lived individuals and an introduction to “the Ramsey problem”
by Prof. Burda
more helpful content:
[ Ссылка ]
#macroeconomics #analysis #olg #model #socialplanner #ramsey
