Preprocessor: error out if an “initval” block appears after an “endval” block

Ref. preprocessor#104
remove-priordens
Sébastien Villemot 2023-11-14 14:29:17 +01:00
parent b535763e56
commit 0e5f9defbc
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3 changed files with 89 additions and 1 deletions

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@ -1287,6 +1287,8 @@ mod_and_m_tests = [
{ 'test' : [ 'deterministic_simulations/rbc_det2.mod' ] },
{ 'test' : [ 'deterministic_simulations/rbc_det3.mod' ] },
{ 'test' : [ 'deterministic_simulations/rbc_det4.mod' ] },
{ 'test' : [ 'deterministic_simulations/rbc_det4_endval_initval_xfail.mod' ],
'should_fail' : true },
{ 'test' : [ 'deterministic_simulations/rbc_det5.mod' ] },
{ 'test' : [ 'deterministic_simulations/rbc_det6.mod' ] },
{ 'test' : [ 'deterministic_simulations/homotopy.mod' ] },

@ -1 +1 @@
Subproject commit 63f04636ee848b3c70905e3f78dd51ba25cfc506
Subproject commit ac35ef610143695ec5e1e9b74a8fdff4803b6ac0

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@ -0,0 +1,86 @@
// Checks that having an initval after an endval block triggers an error
// See preprocessor#104
var Capital, Output, Labour, Consumption, Efficiency, efficiency, ExpectedTerm;
varexo EfficiencyInnovation;
parameters beta, theta, tau, alpha, psi, delta, rho, effstar, sigma2;
beta = 0.9900;
theta = 0.3570;
tau = 2.0000;
alpha = 0.4500;
psi = -0.1000;
delta = 0.0200;
rho = 0.8000;
effstar = 1.0000;
sigma2 = 0;
model(block,bytecode,cutoff=0);
// Eq. n°1:
efficiency = rho*efficiency(-1) + EfficiencyInnovation;
// Eq. n°2:
Efficiency = effstar*exp(efficiency);
// Eq. n°3:
Output = Efficiency*(alpha*(Capital(-1)^psi)+(1-alpha)*(Labour^psi))^(1/psi);
// Eq. n°4:
Capital = Output-Consumption + (1-delta)*Capital(-1);
// Eq. n°5:
((1-theta)/theta)*(Consumption/(1-Labour)) - (1-alpha)*(Output/Labour)^(1-psi);
// Eq. n°6:
(((Consumption^theta)*((1-Labour)^(1-theta)))^(1-tau))/Consumption = ExpectedTerm(1);
// Eq. n°7:
ExpectedTerm = beta*((((Consumption^theta)*((1-Labour)^(1-theta)))^(1-tau))/Consumption)*(alpha*((Output/Capital(-1))^(1-psi))+(1-delta));
end;
steady_state_model;
efficiency = EfficiencyInnovation/(1-rho);
Efficiency = effstar*exp(efficiency);
Output_per_unit_of_Capital=((1/beta-1+delta)/alpha)^(1/(1-psi));
Consumption_per_unit_of_Capital=Output_per_unit_of_Capital-delta;
Labour_per_unit_of_Capital=(((Output_per_unit_of_Capital/Efficiency)^psi-alpha)/(1-alpha))^(1/psi);
Output_per_unit_of_Labour=Output_per_unit_of_Capital/Labour_per_unit_of_Capital;
Consumption_per_unit_of_Labour=Consumption_per_unit_of_Capital/Labour_per_unit_of_Capital;
% Compute steady state share of capital.
ShareOfCapital=alpha/(alpha+(1-alpha)*Labour_per_unit_of_Capital^psi);
% Compute steady state of the endogenous variables.
Labour=1/(1+Consumption_per_unit_of_Labour/((1-alpha)*theta/(1-theta)*Output_per_unit_of_Labour^(1-psi)));
Consumption=Consumption_per_unit_of_Labour*Labour;
Capital=Labour/Labour_per_unit_of_Capital;
Output=Output_per_unit_of_Capital*Capital;
ExpectedTerm=beta*((((Consumption^theta)*((1-Labour)^(1-theta)))^(1-tau))/Consumption)
*(alpha*((Output/Capital)^(1-psi))+1-delta);
end;
endval;
EfficiencyInnovation = (1-rho)*log(1.05);
end;
steady;
initval;
EfficiencyInnovation = 0;
end;
steady;
perfect_foresight_setup(periods=300);
perfect_foresight_solver;
if ~oo_.deterministic_simulation.status
error('Perfect foresight simulation failed')
end
rplot Consumption;
rplot Capital;