90 lines
1.7 KiB
Modula-2
90 lines
1.7 KiB
Modula-2
var y a k c i h eoy eoc eoh oy oc oh;
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varexo e eeoy eeoc eeoh;
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parameters theta rho eta gam bet delta aa r11 r12 r13 r21 r22 r23 r31 r32 r33 scy shc shy;
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bet = 0.99;
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delta = 0.025;
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theta = 0.2;
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rho = 0.9959;
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eta = 1.0051;
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gam = 0.0045;
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aa = 1.8;
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r11 = 0.99;
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r12 = 0;
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r13 = 0;
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r21 = 0;
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r22 = 0.99;
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r23 = 0;
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r31 = 0;
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r32 = 0;
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r33 = 0.99;
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scy = 0.0040;
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shy = 0.0015;
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shc = 0.0010;
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model;
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exp(y) = exp(a)*exp(k(-1))^theta*exp(h)^(1-theta);
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a = (1-rho)*aa+rho*a(-1)+e;
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exp(y) = exp(c) + exp(i);
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eta*exp(k) = (1-delta)*exp(k(-1))+exp(i);
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gam*exp(c)*exp(h) = (1-theta)*exp(y);
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eta/exp(c) = bet*(1/exp(c(+1)))*(theta*(exp(y(+1))/exp(k))+1-delta);
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eoy = r11*eoy(-1) + r12*eoc(-1) + r13*eoh(-1) + eeoy;
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eoc = r21*eoy(-1) + r22*eoc(-1) + r23*eoh(-1) + scy*eeoy+eeoc;
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eoh = r31*eoy(-1) + r32*eoc(-1) + r33*eoh(-1) + shy*eeoy+shc*eeoc+eeoh;
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oy = y + eoy;
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oc = c + eoc;
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oh = h + eoh;
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end;
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initval;
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a = 1.7;
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y = 8;
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c = 8;
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k = 10;
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i = 5;
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h = 4;
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eoy = 0;
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eoc = 0;
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eoh = 0;
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oy = y;
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oc = c;
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oh = h;
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end;
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steady;
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check;
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estimated_params;
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theta , 0.22, 0.1, 0.5;
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rho , 0.99, 0.7, 0.9999;
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eta , 1.0051, 1, 1.03;
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gam , 0.0045, 0.001, 0.01;
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aa , 1.8, 0.1, 4;
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r11 , 1.4187, -2, 2;
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r12 , 0.2251, -2, 2;
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r13 , -0.4441, -2, 2;
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r21 , 0.0935, -2, 2;
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r22 , 1.0236, -2, 2;
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r23 , -0.0908, -2, 2;
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r31 , 0.7775, -2, 2;
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r32 , 0.3706, -2, 2;
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r33 , 0.2398, -2, 2;
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scy , 0.0040, -2, 2;
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shy , 0.0015, -2, 2;
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shc , 0.0010, -2, 2;
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stderr e , 0.0056, 0, 0.2;
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stderr eeoy , 0.0070, 0, 0.1;
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stderr eeoc , 0.0069, 0, 0.1;
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stderr eeoh , 0.0018, 0, 0.1;
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end;
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varobs oy oc oh;
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observation_trends;
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oy (log(eta));
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oc (log(eta));
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end;
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estimation(datafile=idata,mode_compute=1,silent_optimizer,nograph,dirname='MYDIR/mysubdir'); |