36 lines
436 B
Modula-2
36 lines
436 B
Modula-2
var c k;
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varexo x;
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parameters alph gam delt bet aa;
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alph=0.5;
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gam=0.5;
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delt=0.02;
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bet=0.05;
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aa=0.5;
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model;
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c + k - aa*x*k(-1)^alph - (1-delt)*k(-1);
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c^(-gam) - (1+bet)^(-1)*(aa*alph*x(+1)*k^(alph-1) + 1 - delt)*c(+1)^(-gam);
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end;
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initval(all_values_required);
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c = aa*k^alph-delt*k;
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end;
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steady;
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check;
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shocks;
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var x;
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periods 1;
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values 1.2;
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end;
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perfect_foresight_setup(periods=200);
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perfect_foresight_solver;
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rplot c;
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rplot k;
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