SimulateExtendedSolowModelHumanCapital: Simulates the ESHC Solow variant

In SebastianBehrens/SolowVariants: Provide framework to simulate macroeconomic Solow growth models

Simulates the ESHC Solow variant

Description

Simulates all (both primary and secondary) endogenous variables to the extended Solow growth model with human capital.

Usage

SimulateExtendedSolowModelHumanCapital(paragrid, np, startvals)

Arguments

paragrid	Parameter grid from create_parameter_grid().
np	Number of periods.
startvals	List with starting values for the variables A, K, L, H, #' R, V. **Remark**: Use getRequiredStartingValues(ModelCode) to see which variables need to have a starting value in the respective Solow model.

Note

The structural equations to this model can be found in the vignette to this package: vignette("SolowVariants")

SebastianBehrens/SolowVariants documentation built on Oct. 11, 2023, 2:49 p.m.