uzawa - Numerical Solution to the Uzawa-Lucas Model with...

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Numerical Solution to the Uzawa-Lucas Model with Full Depreciation of Physical Capital alpha 0.33 Capital's share in production beta 0.95 Discount factor gamma 1.1 Productivity parameter for human capital accumulation k(0) 1 Initial stock of physical capital h(0) 1 Initial stock of human capital t c(t) u(t) k(t) h(t) c(t)/c(t-1) k(t)/k(t-1) h(t)/h(t-1) 0 0.02 0.95 0.01 1 1 0.02 0.95 0.01 1.05 1.07 1.12 1.05 2 0.02 0.95 0.01 1.09 1.05 1.07 1.05 3 0.02 0.95 0.01 1.14 1.05 1.05 1.05 4 0.02 0.95 0.01 1.19 1.05 1.05 1.05 5 0.02 0.95 0.01 1.25 1.05 1.05 1.05 6 0.02 0.95 0.01 1.3 1.05 1.05 1.05 7 0.03 0.95 0.01 1.36 1.05 1.05 1.05 8 0.03 0.95 0.01 1.42 1.05 1.05 1.05 9 0.03 0.95 0.01 1.49 1.05 1.05 1.05 10 0.03 0.95 0.01 1.55 1.05 1.05 1.05 11 0.03 0.95 0.01 1.62 1.05 1.05 1.05 12 0.03 0.95 0.01 1.7 1.05 1.05 1.05 13 0.03 0.95 0.01 1.77 1.05 1.05 1.05 14 0.04 0.95 0.02 1.85 1.05 1.05 1.05 15 0.04 0.95 0.02 1.94 1.05 1.05 1.05 16 0.04 0.95 0.02 2.02 1.05 1.05 1.05 17 0.04 0.95 0.02 2.11 1.05 1.05
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This note was uploaded on 02/19/2010 for the course ECON 720 taught by Professor Ireland during the Fall '09 term at BC.

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uzawa - Numerical Solution to the Uzawa-Lucas Model with...

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