47 lines
823 B
Modula-2
47 lines
823 B
Modula-2
// Tests the steady_state operator, with the bytecode
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var c k w;
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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(bytecode);
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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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w = steady_state(k);
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end;
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initval;
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x = 1;
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k = ((delt+bet)/(1.0*aa*alph))^(1/(alph-1));
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c = aa*k^alph-delt*k;
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w = 0;
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end;
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steady(solve_algo=5);
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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=20);
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perfect_foresight_solver(stack_solve_algo=5);
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if(abs(oo_.steady_state(2) - oo_.steady_state(3)) > 1e-10)
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error('Test failed in static M-file for steady_state')
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end
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if(abs(oo_.steady_state(2) - oo_.endo_simul(3,2)) > 1e-10)
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error('Test failed in dynamic M-file for steady_state')
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end
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