Skip to content
Snippets Groups Projects
Commit 696800b2 authored by Marco Ratto's avatar Marco Ratto
Browse files

fixed error in formula of annualized steady state

parent 392ee4ae
Branches
Tags
No related merge requests found
......@@ -125,7 +125,8 @@ switch type
end
% 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;
if islog
......
0% Loading or .
You are about to add 0 people to the discussion. Proceed with caution.
Please register or to comment