Solution Ex. 4.1 (e)-(g)

We have posted a solution to the numerical parts of Ex. 4.1, which includes an Excel spreadsheet.

We will demonstrate the Excel spreadsheet in the seminars between 05. and 09. Oct, but we recommend that you have a look at it yourself.

Note that the spreadsheet makes use of the solver add-in, which is not activated by default on UiO's computers. This solver searches for the initial consumption, c(0), that makes the terminal condition hold, a(T+1)=0.

You can read from here how to activate this add-in.

https://support.office.com/en-gb/article/Load-the-Solver-Add-in-0e6760e3-dab5-4fd4-bebb-15ee311a4316