A consumer has preferences described by where x t denotes consumption in period t and 0 < d...
‘While financial markets are now starting to absorb the immediate Brexit shock, the economic.
August 8, 2017Consider an economy where individuals live for two periods only. They have the utility function…
August 8, 2017A consumer has preferences described by where x t denotes consumption in period t and 0 < d...
A consumer has preferences described by 
