class EconomicModel extends AnyRef
The EconomicModel class provides a simple model of can economy.
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Instance Constructors
- new EconomicModel(n: Int, l0: Int, k0: Int, f: (Int) => Int, g: (Int) => Int)
- n
the ???
- l0
the labor capacity at time 't0'
- k0
the capital capacity at time 't0'
- f
the production function
- g
the growth function
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- final def ##: Int
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- def cO(t: Int): Int
Estimate the consumption amount when the person is old.
Estimate the consumption amount when the person is old. Bequests are ignored, so this equals his/her consumption in the next period when old by. Thus, the intertemporal budget constraint is relates cO to cY.
- t
the current time
- def cY(t: Int): Int
Estimate the personal consumption amount when young (wages - savings).
Estimate the personal consumption amount when young (wages - savings).
- t
the current time
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- @throws(classOf[java.lang.CloneNotSupportedException]) @native() @HotSpotIntrinsicCandidate()
- def df(x: Int): Int
Compute the derivative/difference of the production function 'f'.
Compute the derivative/difference of the production function 'f'.
- x
the current value
- def e(t: Int): Int
Estimate the total earned return when the person is old.
Estimate the total earned return when the person is old.
- t
the current time
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- final def getClass(): Class[_ <: AnyRef]
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- def h(rt: Int): Int
Estimate the savings function based on wages and interest rate.
Estimate the savings function based on wages and interest rate.
- rt
the interest rate at time t+1
- def hashCode(): Int
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- final def isInstanceOf[T0]: Boolean
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- def k(t: Int): Int
Estimate the amount of productive capital at time 't'.
Estimate the amount of productive capital at time 't'. Initially k(t) = k0'. Subsequently, it is paid for by workers: There are 'l(t)' workers and total savings must finance the capital next period.
- t
the current time
- def kp(t: Int): Int
Estimate the capital per worker.
Estimate the capital per worker.
- t
the current time
- def l(t: Int): Int
Estimate the labor capacity/number of young (workers) at time 't'
Estimate the labor capacity/number of young (workers) at time 't'
- t
the current time
- final def ne(arg0: AnyRef): Boolean
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- def r(t: Int): Int
Estimate the marginal product of capital reflected as an interest rate.
Estimate the marginal product of capital reflected as an interest rate. May be viewed as a derivative/difference 'fk(k(t), l(t)) = fʹ(k(t))'.
- t
the current time
- def s(t: Int): Int
Estimate the personal savings amount when the person is young.
Estimate the personal savings amount when the person is young.
- t
the current time
- final def synchronized[T0](arg0: => T0): T0
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- def toString(): String
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- def w(t: Int): Int
Estimate the wage.
Estimate the wage.
- t
the current time
- final def wait(arg0: Long, arg1: Int): Unit
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- @throws(classOf[java.lang.InterruptedException])
- final def wait(arg0: Long): Unit
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- def y(t: Int): Int
Estimate the output per worker: y(t) = f(k(t)) where f(k) is the production function.
Estimate the output per worker: y(t) = f(k(t)) where f(k) is the production function.
- t
the current time
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- def finalize(): Unit
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