Commit 8ff8d787 authored by Houtan Bastani's avatar Houtan Bastani

modify on-the-fly example to accept variables declared in equation tag

parent d5eb6e2d
......@@ -9,6 +9,11 @@
** |x is an exogenous variable,
** |p is a parameter.
**
** Variables can also be declared on the fly via equation tags:
** [endogenous='varname']
** [exogenous='varname']
** [parameter='varname']
**
** Example. If the first equation (consumption/leisure arbitrage) is removed from the following model block, then h (hours)
** will be interpreted as an exogenous variable.
*/
......@@ -17,7 +22,8 @@ model;
c*theta|p*h|e^(1+psi|p)=(1-alpha)*y;
k|e = beta|p*(((exp(b)*c)/(exp(b(+1))*c(+1)))
*(exp(b(+1))*alpha|p*y(+1)+(1-delta)*k));
y|e = exp(a)*(k(-1)^alpha)*(h^(1-alpha));
[endogenous='y']
y = exp(a)*(k(-1)^alpha)*(h^(1-alpha));
k = exp(b)*(y-c|e)+(1-delta|p)*k(-1);
a|e = rho|p*a(-1)+tau*b(-1) + e|x;
b|e = tau|p*a(-1)+rho*b(-1) + u|x;
......
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