22 lines
616 B
Matlab
22 lines
616 B
Matlab
function [N, info]= RBC_MoM_steady_helper(THETA,ETAl,ETAc,BETTA,B,C_O_N,W)
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info=0;
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if ~isreal(C_O_N)
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info=1;
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N=NaN;
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return;
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end
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if ETAc == 1 && ETAl == 1
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N = (1-BETTA*B)*(C_O_N*(1-B))^-1*W/THETA/(1+(1-BETTA*B)*(C_O_N*(1-B))^-1*W/THETA);
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else
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% No closed-form solution use a fixed-point algorithm
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N0 = 1/3;
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try
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[N, ~, exitflag] = fsolve(@(N) THETA*(1-N)^(-ETAl)*N^ETAc - (1-BETTA*B)*(C_O_N*(1-B))^(-ETAc)*W, N0,optimset('Display','off','TolX',1e-12,'TolFun',1e-12));
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if exitflag<1
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info=1;
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end
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catch
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N=NaN;
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info=1;
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end
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end |