Chap6 - y Hy y P W 1 a h q y y x H y 1 PH W 1 A g 1 kxy g 1...

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Hy 1 ah yy q     y yP W  x  1 1 H W  A H 1 1 g kxy q g y [ P W ] H 0 1  consumption y
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  Hy y PW  1 1 P H W      1 stable PH 1 s t a b l e H W   1 yP   1 stable PH stable W         max max WS WS j WS s W z S z ±   Re 0 j s   max s pz p SS j S  ± j s p
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 max j s pz p SS j S p zp  ± sp
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2 1 ln |( ) | max 0, ln
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This note was uploaded on 01/04/2012 for the course CDS 212 taught by Professor Tarraf,d during the Fall '08 term at Caltech.

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Chap6 - y Hy y P W 1 a h q y y x H y 1 PH W 1 A g 1 kxy g 1...

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