/* * Copyright (C) 2021 Dynare Team * * This file is part of Dynare. * * Dynare is free software: you can redistribute it and/or modify * it under the terms of the GNU General Public License as published by * the Free Software Foundation, either version 3 of the License, or * (at your option) any later version. * * Dynare is distributed in the hope that it will be useful, * but WITHOUT ANY WARRANTY; without even the implied warranty of * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the * GNU General Public License for more details. * * You should have received a copy of the GNU General Public License * along with Dynare. If not, see . */ /* * This file computes a kth-order approximation of the neo-classical growth model. * It assesses the conditional welfare and the derivatives of the felicity and welfare functions computed by the k_order_welfare function * and compares them to a by-hand assessment stemming from the results the model neo_growth_k_order.mod incur. */ @#include "neo_growth_ramsey_common.inc" shocks; var e; stderr 1; end; stoch_simul(order=6, irf=0); evaluate_planner_objective; [condWelfare, U_dynpp, W_dynpp, U_dyn, W_dyn] = k_order_welfare(oo_.dr, M_, options_); if condWelfare~=oo_.planner_objective_value(1) error('Values do not match'); end if ~exist(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results.mat'],'file'); error('neo_growth_k_order must be run first'); end; oo = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'oo_'); M = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'M_'); options = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'options_'); ind_U = strmatch('U', M.M_.endo_names,'exact'); ind_W = strmatch('W', M.M_.endo_names,'exact'); err = -1e6; for i = 1:options_.order field_U = strcat('U_', num2str(i)); field_W = strcat('W_', num2str(i)); g_i = eval(strcat('oo.oo_.dr.g_', num2str(i))); tmp_err = max(U_dynpp.(field_U) - g_i(ind_U, :)); err = max(err, tmp_err); tmp_err = max(W_dynpp.(field_W) - g_i(ind_W, :)); err = max(err, tmp_err); end if err > 1e-10; error('Inaccurate assessment of the derivatives of the felicity and the welfare functions'); end;