I took the traditional deterministic neoclassical growth model and extended it by adding a female agent. So now, in the representative household, there is a male and a female supplying hours. I called the time endowment of each agent as
thetaf. The idea of the exercise is to temporarily reduce the time endowment of females and simulate the model. However, for some values of
thetaf, the female agent starts to supply negative hours.
How can I constraint the hours to be positive?
simulation2.mod (4.6 KB)