TDCEs and Me
So... spent the last two days working through the standard growth model as well as spending a lot of time working with Tax Distorted Competitive Equilibrium models (TDCEs). For some reason, Ramsey problems just didn't make any sense to me last fall, but, especially after working with them a lot under the auspices of repeated game theory this spring, I'm finally starting to feel comfortable with them. It's been a nice start, but now it's time to get into some problems with uncertainty and hopefully a little search theory, which I really enjoyed.
In other news, I saw ben this past weekend. He's preparing for his first exam which is this friday (Good Luck!) in Micro. He seemed well. And then, perhaps more relevant for those in new york right now, I saw this video on the nytimes website (I think). I wouldn't watch anything more than the first few seconds, but it's a pretty neat.
Best...
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