Random Flashcards

1
Q

+Write down the sufficient and necessary conditions to solve the continuous growth model using Hamiltonians

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2
Q

What is the current value hamiltonian

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3
Q

What are the sufficient and necessary conditions to solve the Current Value Hamiltonian

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4
Q

What are the initial and transversality conditions in the continuous time growth model.

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5
Q

Given the continuous time growth model, give the equation of the first order approximation of the linearization around the steady state.

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6
Q

State the Transversality Condition both in Continuous Time

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7
Q

State the Transversality Condition both in Continuous Time

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