54 lines
1.9 KiB
Modula-2
54 lines
1.9 KiB
Modula-2
/*
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* Copyright (C) 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 <http://www.gnu.org/licenses/>.
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*/
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/*
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* This file simulates a perfect-foresight version of the neo-classical growth model.
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* It assesses the conditional and unconditional welfares computed by the evaluate_planner_objective function
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* and compares them to a by-hand assessment stemming from the results of the model neo_growth_foresight.mod
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*/
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@#include "neo_growth_ramsey_common.inc"
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shocks;
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var e;
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periods 1;
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values 1;
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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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planner_objective_value = evaluate_planner_objective(M_, options_, oo_);
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if ~exist('neo_growth_foresight_results.mat','file');
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error('neo_growth_foresight must be run first');
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end;
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oo1 = load('neo_growth_foresight_results','oo_');
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M1 = load('neo_growth_foresight_results','M_');
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options1 = load('neo_growth_foresight_results','options_');
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cond_W_hand = oo1.oo_.endo_simul(strmatch('W',M1.M_.endo_names,'exact'),2);
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unc_W_hand = oo1.oo_.endo_simul(strmatch('W',M1.M_.endo_names,'exact'),end);
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if abs((unc_W_hand - planner_objective_value(1))/unc_W_hand) > 1e-6;
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error('Inaccurate unconditional welfare assessment');
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end;
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if abs((cond_W_hand - planner_objective_value(2))/cond_W_hand) > 1e-6;
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error('Inaccurate conditional welfare assessment');
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end;
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