With logarithmic utility, the Euler equation is given by $\left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {future } } \right)$
or $\left( c _ { \text {future } } / c _ { \text {todup } } \right) = \beta ( 1 + R )$ .

Question

With logarithmic utility, the Euler equation is given by $\left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {future } } \right)$ 
or $\left( c _ { \text {future } } / c _ { \text {todup } } \right) = \beta ( 1 + R )$  .

Quizplus · Accepted Answer

The Euler equation for logarithmic utility is $\left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {fture } } \right)$

With Logarithmic Utility, the Euler Equation Is Given By (1/ctodey )=β(1+R)(1/cfuture )\left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {future } } \right)(1/ctodey ​)=β(1+R)(1/cfuture ​)

With Logarithmic Utility, the Euler Equation Is Given By $\left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {future } } \right)$