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Commit a6beb823 authored by Houtan Bastani's avatar Houtan Bastani
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workaround for parameters in .mod file

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......@@ -8,13 +8,11 @@ verbatim;
var = 1;
end;
parameters beta, rho, alpha, delta, theta, psi, tau;
parameters beta, rho, theta, psi, tau;
alpha = 0.36;
rho = 0.95;
tau = 0.025;
beta = 0.99;
delta = 0.025;
psi = 0;
theta = 2.95;
......@@ -23,13 +21,16 @@ phi = 0.1;
model;
c*theta*h^(1+psi)=(1-alpha)*y;
k|e = beta*(((exp(b)*c)/(exp(b(+1))*c(+1)))
*(exp(b(+1))*alpha*y(+1)+(1-delta)*k));
*(exp(b(+1))*alpha|p*y(+1)+(1-delta)*k));
y|e = exp(a)*(k(-1)^alpha)*(h^(1-alpha));
k = exp(b)*(y-c)+(1-delta)*k(-1);
k = exp(b)*(y-c)+(1-delta|p)*k(-1);
a = rho*a(-1)+tau*b(-1) + e|x;
b = tau*a(-1)+rho*b(-1) + u|x;
end;
alpha = 0.36;
delta = 0.025;
initval;
y = 1.08068253095672;
c = 0.80359242014163;
......
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