
What are FOCs and SOCs? - Economics Stack Exchange
Jan 21, 2015 · For example when you are talking about profit maximization starting from a profit function $\pi(q)$, the main condition for a maximum is that: $$\frac{\partial \pi}{\partial q}=0$$ …
FOC for King–Plosser–Rebelo preferences - macroeconomics
I found the same FOC in a paper from Ferede (Dynamic Scoring in the Ramsey Growth Model, here) and he says, that it is obtained by combining the first order conditions of the utility …
New-Keynesian Model: Log-linearizing the firm's FOC
Mar 24, 2015 · In Gali's book (chapter 3), the FOC of a firm is given by: $$(\\sum_{k=0}^\\infty \\theta^k E_k(Q_{t,t+k} Y_{t+k|t} (P_t^*/P_{t-1} - \\alpha MC_{t,t+k} \\beta_{t-1,t ...
Equilibrium with Externalities: Solving without FOC
May 27, 2015 · If so, don't you just solve for ideal values of C and N, rather than solving for either parties FoC? $\endgroup$ – RegressForward Commented May 28, 2015 at 14:57
utility - GHH Preferences: FOC - Economics Stack Exchange
Aug 25, 2015 · GHH Preferences: FOC. Ask Question Asked 9 years, 6 months ago. Modified 9 years, 6 months ago. Viewed 552 ...
FOCs for profit maximization using a transformation function
Nov 24, 2023 · Stack Exchange Network. Stack Exchange network consists of 183 Q&A communities including Stack Overflow, the largest, most trusted online community for …
Deriving FOC in OLG model with Cobb Douglas utility
Stack Exchange Network. Stack Exchange network consists of 183 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their …
Dixit Stiglitz price index FOC? - Economics Stack Exchange
Dixit Stiglitz price index FOC? Ask Question Asked 5 years, 8 months ago. Modified 5 years, 7 months ago.
macroeconomics - Maximization problem FOC and Euler equation ...
May 8, 2019 · Taking a variable as given comes from the assumptions of the model and cannot result from any optimisation problem (think simply that when a variable is taken as given it is …
simplification of FOC - Economics Stack Exchange
Mar 19, 2022 · simplification of FOC. Ask Question Asked 2 years, 11 months ago. Modified 2 years, 11 months ago.