here is one period. Assume a representative agent with utility
function U (ct) = 1 − exp(−\eta ct). In parts c) through i) assume
the following: \eta = .02 and \delta = .96. Consumption at t = 0 i
function U (ct) = 1 − exp(−\eta ct). In parts c) through i) assume
the following: \eta = .02 and \delta = .96. Consumption at t = 0 i