Thank you very much for your great tutorial. By the way, I got these errors just following your command. Could you let me know how to solve these errors. "ERROR: neoclassic1.mod: line 21, col 8: syntax error, unexpected ';', expecting EQUAL Error using dynare (line 282) Dynare: preprocessing failed . " This is the end part of the code. line 21 is "initval;". Thank you. steady;steady_state_model; k = ((1-beta*(1-delta))/(beta*alpha*A)) ^(1/(alpha-1)); c = A*k^(alpha) - delta*k; initval; A = 1.0 ; end; steady;
Thank you very much for your great tutorial. By the way, I got these errors just following your command. Could you let me know how to solve these errors. "ERROR: neoclassic1.mod: line 21, col 8: syntax error, unexpected ';', expecting EQUAL Error using dynare (line 282) Dynare: preprocessing failed . " This is the end part of the code. line 21 is "initval;". Thank you.
steady;steady_state_model;
k = ((1-beta*(1-delta))/(beta*alpha*A))
^(1/(alpha-1));
c = A*k^(alpha) - delta*k;
initval;
A = 1.0 ;
end;
steady;
you forgot to end de steady state block