Commit 26db005e authored by Johannes Pfeifer's avatar Johannes Pfeifer
Browse files

evaluate_planner_objective.m: add warning if planner discount is not smaller than 1

parent 40871519
......@@ -86,6 +86,10 @@ nstatic = M_.nstatic;
nspred = M_.nspred;
beta = get_optimal_policy_discount_factor(M_.params, M_.param_names);
if beta>=1
fprintf('evaluate_planner_objective: the planner discount factor is not strictly smaller than 1. Unconditional welfare will not be finite.\n')
if options_.ramsey_policy
if oo_.gui.ran_perfect_foresight
T = size(oo_.endo_simul,2);
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