70 lines
1.1 KiB
Modula-2
70 lines
1.1 KiB
Modula-2
@#define countries = 1:2
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@#define assets = 1:2
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var
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@#for c in countries
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yk_@{c} yl_@{c} c_@{c}
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@#endfor
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a ze_1 r_1
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;
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varexo
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@#for c in countries
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ek_@{c} el_@{c}
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@#endfor
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;
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parameters rho eta omega sig_k sig_l ykbar ylbar;
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rho = 1;
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psi = 0.7;
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eta = 0.9;
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g = 0.25;
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ykbar = 1;
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ylbar = 1;
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cbar = ykbar+ylbar;
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nu = 0.5;
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omega = 0.75;
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sig_k = 0.02;
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sig_l = 0.01;
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sig_m = 0;
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betabar = omega*cbar^(-eta);
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model;
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@#for c in countries
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yk_@{c} = log(ykbar) + sig_k*ek_@{c};
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yl_@{c} = log(ylbar) + sig_l*el_@{c};
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exp(c_@{c})^(eta-rho) = omega*exp(c_@{c}(+1))^(-rho)*r_1(+1);
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@#endfor
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a = a(-1)*r_1 + exp(yk_1) + exp(yl_1) - exp(c_1);
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-a = -a(-1)*r_1 + exp(yk_2) + exp(yl_2) - exp(c_2);
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// r_1+ze_1 = ze_1+exp(yk_1-ze_1(-1));
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r_1 = exp(yk_1-ze_1(-1));
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end;
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shocks;
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@#for c in countries
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var ek_@{c} = 1;
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var el_@{c} = 1;
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@#endfor
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end;
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initval;
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@#for c in countries
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yk_@{c} = log(ykbar);
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yl_@{c} = log(ylbar);
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c_@{c} = log(ykbar+ylbar);
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@#endfor
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r_1 = 1/betabar;
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ze_1 = log(betabar)+yk_1;
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end;
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resid;
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steady;
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model_diagnostics;
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check;
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stoch_simul(order=2,irf=0);
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