福利性公共开支的随机模型

Stochastic model welfare in public expenditure

利用常数相对风险厌恶效用函数,把福利引入生产函数,并建立福利性公共开支模型.利用Bellman方程在宏观均衡时求出其最优解,对其进行均衡分析和动态分析,进而得出一些有意义的结论.

By CRRA function, welfare is introducted into production function,and we establishe the wakfare model in public expenditure. Using Bellman equation , under macroeconomic equilibrium conditions its optimal value is obtained. The balanced analysis and the dynamic analysis are carried ,and some interesting results are obtained.