I’m doing hometast on Macroeconomics within the lecture notes of Eric Sims on RBC model. But now I have to do it with heterogenous agents.
I’m confused because there is misunderstanding in model with heterogenuos agents.
Below my equations in pdf file. Could you help me what is the problem here?
Thank you very much in advance!
RBC HA June 14:19.pdf (193.2 KB)