What are the computational challenges and data requirements of agent-based modeling? How does the intertemporal budget constraint relate to the concept of sustainability in economics?

Supervision 1: The Intertemporal Budget Constraint. An infinitely-lived consumer faces a series of period budget constraints: Y1 + (1 + r)B0 = C1 + B1,. Y2 + ... Sep 6, 2022 ... This expression represents the intertemporal budget constraint. It says that the present discounted value of the endowment plus the initial ... Mar 5, 2021 ... This budget constraint equation represents an individual planning her consumption over two periods (before retirement o, after retirement 1). Aug 29, 2022 ... site logo Join Economics · OR · Illustration of upvote icon after it is clicked · Hang on, you can't upvote just yet. · Illustration of upvote ... Nov 2, 2020 ... ... intertemporal budget constraint. The fiscal options open to the State can only be understood if we have a clear understanding of the IBC of ... how is the deficit financed? • bond sales to the private sector or the central bank (money creation). • government inter-temporal ... • Sequential budget constraint for all t ∈ T: ct + st ≤ et + Rtst−1. (1) where s−1 ≡ ¯s−1. • Incomes, returns, and initial capital determine budget set:. Apr 28, 2024 ... I talk about how to derive an Intertemporal Budget Constraint from a Flow Budget Constraint. Timestamps: 0:00 - Review of Flow Budget Constraint ... ... inter-temporal budget constraints. Also, the Cramer's rule is used in ... Inter-Temporal Budget Constraint. Journal of Computational and Cognitive ... May 3, 2011 ... Because of the government's intertemporal budget constraint, Gt will have to be compensated by taxes, either now or in the future, and the ...