You are on page 1of 1

Laffer

Laffer
.
,
. ,
:

max
ct ,lt
:

1+ (1/ ) + G 1 n )e t dt
t

(ln ct lt
0

da / dt = (1 w ) wlt + (1 r )ra (1 + c )ct + T

(0) = 0 , :

labor

a
w

Gt

Inflation rate

Rental rate

lumpsum tax

Disutility of labor

ct
lt

-
, , Cobb-Douglas:

yt = kt lt1 a
:

w wlt + r rat + c ct =+
T Gt
,
Hamilton-Jacobi-Bellman,
.

.

You might also like