中文说明:应用背景该文件包含一个模拟的拉姆齐教科书模型与消费的不平等约束。消费受到限制,以低于投资,总投资额不负。对模型的详细描述见Trimborn(2013)具有不等式约束的连续时间动态模型的解决方案,经济学关键技术松弛算法求解无限时域连续时间模型的松弛算法。简单的数值程序,即将到来的宏观经济动态
English Description:
Application background The files contain a simulation of a Ramsey textbook model with an inequality constraint on consumption. Consumption is constrained to be below investment such that gross investment is never negative. For a detailed description of the model see Trimborn (2013) Solution of continuous-time dynamic models with inequality constraints, Economics Letters Key Technology relaxation algorithm RELAXATION algorithm to solve infinite-horizon continuous time models. Simple Numerical Procedure, forthcoming in Macroeconomic Dynamics