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[Andycourse (家教中勿擾)]

Hi,

Here's the third homework, which will be due on 6/4 in class.

See you next Monday or Tuesday! Have a nice weekend and the Dragon Festival
holiday!

Yu-Ning Hwang


Q1. (25 %) Use the permanent-income hypothesis to explain why the average
propensity to consume does not decline with the increase in income in the long
time-series data.
Q2. (25 %) Romer problem 7.5.
Q3. (25%) Romer problem 7.13.
Q4. (25%) Asset pricing:
a. Use a CRRA utility function to show the risk premium of risky assets.
b. Explain the equity-premium puzzle.

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推 koumei5:Due Date: 6/4
※ 編輯: Andycourse      來自: 140.119.203.9        (05/23 18:03)
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