52 lines
1.4 KiB
Modula-2
52 lines
1.4 KiB
Modula-2
|
var Efficiency $A$
|
||
|
|
EfficiencyGrowth $X$
|
||
|
|
Population $L$
|
||
|
|
PopulationGrowth $N$
|
||
|
|
Output $Y$
|
||
|
|
PhysicalCapitalStock $K$ ;
|
||
|
|
|
||
|
|
varexo e_x $\varepsilon_x$
|
||
|
|
e_n $\varepsilon_n$;
|
||
|
|
|
||
|
|
parameters alpha $\alpha$
|
||
|
|
epsilon $\varepsilon$
|
||
|
|
delta $\delta$
|
||
|
|
s $s$
|
||
|
|
rho_x $\rho_x$
|
||
|
|
rho_n $\rho_n$
|
||
|
|
EfficiencyGrowth_ss $X^{\star}$
|
||
|
|
PopulationGrowth_ss $N^{\star}$ ;
|
||
|
|
|
||
|
|
alpha = .33;
|
||
|
|
epsilon = .70;
|
||
|
|
delta = .02;
|
||
|
|
s = .20;
|
||
|
|
rho_x = .90;
|
||
|
|
rho_n = .95;
|
||
|
|
EfficiencyGrowth_ss = 1.02;
|
||
|
|
PopulationGrowth_ss = 1.02;
|
||
|
|
|
||
|
|
model;
|
||
|
|
Efficiency = EfficiencyGrowth*Efficiency(-1);
|
||
|
|
EfficiencyGrowth/EfficiencyGrowth_ss = (EfficiencyGrowth(-1)/EfficiencyGrowth_ss)^(rho_x)*exp(e_x);
|
||
|
|
Population = PopulationGrowth*Population(-1);
|
||
|
|
PopulationGrowth/PopulationGrowth_ss = (PopulationGrowth(-1)/PopulationGrowth_ss)^(rho_n)*exp(e_n);
|
||
|
|
Output = (alpha*PhysicalCapitalStock(-1)^((epsilon-1)/epsilon)+(1-alpha)*(Efficiency*Population)^((epsilon-1)/epsilon))^(epsilon/(epsilon-1));
|
||
|
|
PhysicalCapitalStock = (1-delta)*PhysicalCapitalStock(-1) + s*Output;
|
||
|
|
end;
|
||
|
|
|
||
|
|
histval;
|
||
|
|
Efficiency(0) = 1;
|
||
|
|
EfficiencyGrowth(0) = 1.02;
|
||
|
|
Population(0) = 1;
|
||
|
|
PopulationGrowth(0) = 1.02;
|
||
|
|
PhysicalCapitalStock(0) = 1;
|
||
|
|
end;
|
||
|
|
|
||
|
|
shocks;
|
||
|
|
var e_x = 0.005;
|
||
|
|
var e_n = 0.001;
|
||
|
|
end;
|
||
|
|
|
||
|
|
oo_ = simul_backward_nonlinear_model([], 5000, options_, M_, oo_);
|