we don't write a equation set, and get k
through c
,
and it reduce the number of equation solved.
1 | ramsey(k, k0, kT, alpha = 0.27, delta = 0.011, betax = 0.994, eta = 2)
|
k |
a vector which length denotes the number of periods from |
k0 |
initial value for capital stock |
kT |
final value for capital stock |
alpha |
a parameter for production function |
delta |
rate of depreciation |
betax |
discount rate for unitity function |
eta |
a parameter for unitity funciton with flexible labor supply |
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