fixed error in formula of annualized steady state

(cherry picked from commit 696800b277dadd164244771ccfce8e39f1146472)
2019-01-15 15:37:01 +01:00 · 2019-01-15 15:37:01 +01:00 · aeceafbec2
parent 6e033a800b
commit aeceafbec2
1 changed files with 2 additions and 1 deletions
--- a/matlab/utilities/dataset/quarterly2annual.m
+++ b/matlab/utilities/dataset/quarterly2annual.m
@ -139,7 +139,8 @@ 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