var
c l k w r iv y cf lf kf wf rf ivf yf
;
parameters
ALPHA
BETA
DELTA
B
;
% Caliberation
ALPHA = 0.35;
BETA = 0.99;
DELTA = 0.025;
B = 1;
model;
c (+1) / c = BETA * (1+ r (+1) - DELTA (+1));
cf (+1) / cf = BETA * (1+ rf (+1) - DELTA (+1));
1-l = (c/w) * B;
1-lf = (cf/wf) * B;
r = ALPHA * (y/k);
rf = ALPHA * (yf/kf);
w = (1-ALPHA) * (y/l);
wf = (1-ALPHA) * (yf/lf);
y = iv + c;
yf = ivf + cf;
iv = k (+1) - (1-DELTA) * k;
ivf = kf (+1) - (1-DELTA) * kf;
k^ALPHA = y/l^(1-ALPHA);
kf^ALPHA = yf/l^(1-ALPHA);
end;
ERROR: line 20, col 1: syntax error, unexpected ‘;’
Please help!