58 lines
1.9 KiB
Matlab
58 lines
1.9 KiB
Matlab
function info = ramsey_policy(var_list)
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% Copyright © 2007-2021 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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global options_ oo_ M_
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options_.ramsey_policy = 1;
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oldoptions = options_;
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%test whether specification matches
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inst_nbr = size(options_.instruments,1);
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if inst_nbr~=0
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orig_endo_aux_nbr = M_.orig_endo_nbr + min(find([M_.aux_vars.type] == 6)) - 1;
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implied_inst_nbr = orig_endo_aux_nbr - M_.orig_eq_nbr;
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if inst_nbr>implied_inst_nbr
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error('You have specified more instruments than there are omitted equations')
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elseif inst_nbr<implied_inst_nbr
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error('You have specified fewer instruments than there are omitted equations')
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end
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else
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if options_.steadystate_flag
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error('You have specified a steady state file, but not provided an instrument. Either delete the steady state file or provide an instrument')
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end
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end
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[info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list);
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oo_.steady_state = oo_.dr.ys;
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if ~options_.noprint
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disp_steady_state(M_,oo_,options_)
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for i=M_.orig_endo_nbr:M_.endo_nbr
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if strmatch('mult_', M_.endo_names{i})
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disp(sprintf('%s \t\t %g', M_.endo_names{i}, oo_.dr.ys(i)));
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end
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end
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end
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oo_.planner_objective_value = evaluate_planner_objective(M_,options_,oo_);
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options_ = oldoptions;
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