Commit 90adfc59 authored by Stéphane Adjemian (Charybdis)'s avatar Stéphane Adjemian (Charybdis)
Browse files

Added a mod file test/example with equations tags.

parent 618f72bc
// Example 1 from Collard's guide to Dynare
var y, c, k, a, h, b;
varexo e, u;
parameters beta, rho, alpha, delta, theta, psi, tau;
alpha = 0.36;
rho = 0.95;
tau = 0.025;
beta = 0.99;
delta = 0.025;
psi = 0;
theta = 2.95;
phi = 0.1;
model;
[name='optimal labour choice']
c*theta*h^(1+psi)=(1-alpha)*y;
[name='euler equation']
k = beta*(((exp(b)*c)/(exp(b(+1))*c(+1)))
*(exp(b(+1))*alpha*y(+1)+(1-delta)*k));
[name='production function']
y = exp(a)*(k(-1)^alpha)*(h^(1-alpha));
[name='ressource constraint']
k = exp(b)*(y-c)+(1-delta)*k(-1);
[name='productivity shock']
a = rho*a(-1)+tau*b(-1) + e;
[name='preference shock']
b = tau*a(-1)+rho*b(-1) + u;
end;
initval;
y = 1.08068253095672;
c = 0.80359242014163;
h = 0.29175631001732;
k = 11.08360443260358;
a = 0;
b = 0;
e = 0;
u = 0;
end;
resid('title');
\ No newline at end of file
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