Two-Period Endowment Economy
\(we\):
test
\(c\):
test
\(c'\):
test
\(s\):
test
\(U\):
test
Exogenous Variables and Parameters:
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\(y\):
\(y'\):
\(t\):
\(t'\):
\(\beta\):
\(r\):
Details:
The consumer's problem is \[\max_{c,c',s}\log c + \beta \log c'\] \[s.t. c\geq 0;c'\geq 0\] \[c+s\leq y-t\] \[c'\leq (1+r)s+y'-t'\]