Mar-19-2018, 08:56 AM
Might you please help me code the following imaginary system using jupyter notebook?
I want to plot some of these variables and analyse their behavior over time.
X(t) = A(t) * L1(t) * K(t)
M(t) = A(t) * L2(t) * B(t)
L1(t) + L2(t) = 1
A(t) = A(t-1) * (1+g)
B(t) = psi * [M(t-1) + X(t-1)]
K(t) = (1-delta) * K(t-1)
M(t) = X(t)
Thank you very much.
I want to plot some of these variables and analyse their behavior over time.
X(t) = A(t) * L1(t) * K(t)
M(t) = A(t) * L2(t) * B(t)
L1(t) + L2(t) = 1
A(t) = A(t-1) * (1+g)
B(t) = psi * [M(t-1) + X(t-1)]
K(t) = (1-delta) * K(t-1)
M(t) = X(t)
Thank you very much.