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Commit aeceafbe authored by Marco Ratto's avatar Marco Ratto
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fixed error in formula of annualized steady state

(cherry picked from commit 696800b2)
parent 6e033a80
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...@@ -139,7 +139,8 @@ switch type ...@@ -139,7 +139,8 @@ switch type
end end
% annual growth rate % annual growth rate
gyass = GYTREND0*4; % gyass = GYTREND0*4; % this is for log diff
gyass = exp(4*GYTREND0)-1; % this is for exact growth rate definition
gya = (ya+yass)./(lagged(ya,1)+yass).*exp(4*GYTREND0)-1-gyass; gya = (ya+yass)./(lagged(ya,1)+yass).*exp(4*GYTREND0)-1-gyass;
if islog if islog
......
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