59 lines
2.0 KiB
Modula-2
59 lines
2.0 KiB
Modula-2
/*
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* Copyright (C) 2021 Dynare Team
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*
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* This file is part of Dynare.
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*
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* Dynare is free software: you can redistribute it and/or modify
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* it under the terms of the GNU General Public License as published by
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* the Free Software Foundation, either version 3 of the License, or
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* (at your option) any later version.
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*
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* Dynare is distributed in the hope that it will be useful,
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* but WITHOUT ANY WARRANTY; without even the implied warranty of
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* MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
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* GNU General Public License for more details.
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*
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* You should have received a copy of the GNU General Public License
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* along with Dynare. If not, see <https://www.gnu.org/licenses/>.
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*/
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/*
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* This file computes a kth-order approximation of the neo-classical growth model.
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* It assesses the conditional welfare and the derivatives of the felicity and welfare functions computed by the k_order_welfare function
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* and compares them to a by-hand assessment stemming from the results the model neo_growth_k_order.mod incur.
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*/
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@#include "neo_growth_ramsey_common.inc"
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shocks;
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var e;
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stderr 1;
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end;
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stoch_simul(order=6, irf=0);
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evaluate_planner_objective(periods=10000,drop=1000);
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[W_dynpp] = k_order_welfare(oo_.dr, M_, options_);
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if ~exist(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results.mat'],'file');
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error('neo_growth_k_order must be run first');
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end;
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oo = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'oo_');
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M = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'M_');
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options = load(['neo_growth_k_order' filesep 'Output' filesep 'neo_growth_k_order_results'],'options_');
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ind_W = strmatch('W', M.M_.endo_names,'exact');
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err = -1e6;
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for i = 1:options_.order
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field_W = strcat('W_', num2str(i));
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g_i = eval(strcat('oo.oo_.dr.g_', num2str(i)));
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tmp_err = max(W_dynpp.(field_W) - g_i(ind_W, :));
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err = max(err, tmp_err);
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end
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if err > 1e-10;
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error('Inaccurate assessment of the derivatives of the welfare function');
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end;
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