How does the lifespan and maintenance costs of a durable good affect its intertemporal value?

how is the deficit financed? • bond sales to the private sector or the central bank (money creation). • government inter-temporal ... Aug 26, 2009 ... intertemporal budget constraint and thus determine the dynamics of the debt ratio. ... data are constructed using the government intertemporal ... The basic idea of intertemporal choice of consumption is to understand how the consumer interacts with the capital market. II. INTERTEMPORAL BUDGET CONSTRAINT. Bt+1 = (1 + r) Bt + Gt. Tt. (1) where B is the stock of bonds issued by the government (that is B is the stock of real debt - which is an asset in the hand ... The intertemporal budget constraint of the central bank in equation (5) becomes: PV (d) ≤ at pt(r + π + δ). − vt + ctL π + g r − g. (6) under the following ... Jul 25, 2007 ... ... constraint' and ... The author does so by analysing separately the intertemporal budget constraints of the central bank and the Treasury. Apr 30, 2020 ... ... budget line gives total utility at each point on the budget line. The ... intertemporal budget constraint? How would it affect one's ... The budget set and the budget line (09.03.2016); Optimal Choice. Tangency ... Intertemporal budget constraint. Effect of change in the interest rate on ... ... inter-temporal budget constraints. Also, the Cramer's rule is used in ... Inter-Temporal Budget Constraint. Journal of Computational and Cognitive ... US monthly data, for the period 1951-1984, are used to test a key element of the. Ricardian equivalence doctrine, namely the government's intertemporal budget.