options_.maxit_ = 100; var c k; varexo x; parameters alph gam delt bet aa; alph=0.5; gam=0.5; delt=0.02; bet=0.05; aa=0.5; model(block, bytecode); c + k - aa*x*k(-1)^alph - (1-delt)*k(-1); c^(-gam) - (1+bet)^(-1)*(aa*alph*x(+1)*k^(alph-1) + 1 - delt)*c(+1)^(-gam); end; initval; x = 1; k = ((delt+bet)/(1.0*aa*alph))^(1/(alph-1)); c = aa*k^alph-delt*k; end; steady(solve_algo = 5); //check; model_info; shocks; var x; periods 1; values 1.02; end; simul(periods = 200, stack_solve_algo = 5, markowitz = 2); rplot c; rplot k;