period.2.m.lam: The Second Period Problem in the Collective Framework

Description Usage Arguments

View source: R/period.2.m.lam.R

Description

This function finds the optimal spouses' consumption levels in the second period for agiven level of saving and sharing rule. We can use the optimization procedure or just use the analytical solution. The default is to use the analytical solution and it is necessary to be worked in some other parts of the code.

Usage

1
period.2.m.lam(lambda, S, i, r1, r2, Analytical = TRUE)

Arguments

lambda

Sharing Rule

S

Saving

i

The marriage index

r1

First period repetition. It is not necessary to be greater than one for the first period. It is needed for taking expectaions, which is required in the second period

r2

Second period repetition. It is needed for taking expectaions, which is required in the second period

Analytical

If it is on it uses the analytical solution instead of using the optimization procedure.


mirtaher/TwoPeriodSim documentation built on May 22, 2019, 11:55 p.m.