Hi! I was computing the transition path in the perfect foresight Solow growth model from a given initial capital stock, and keep getting “LoadError: InexactError: Int64(NaN)” when I tried to run the .mod file in Julia. I can’t figure out what went wrong given that the code is so simple (please see below). Can someone help me out here? Many many thanks!
var k;
parameters alpha, delta, s;
alpha = 1/3;
delta = 0.05;
s = 0.1;
model;
k = (1-s)*k(-1)^alpha + (1-delta)*k(-1);
end;
steady_state_model;
k = (delta/(1-s))^(1/(alpha-1));
end;
histval;
k(0) = 1.0;
end;
perfect_foresight_setup(periods = 300);
perfect_foresight_solver;