Constraints and Extended Path
Posted: Thu Jul 30, 2015 5:13 pmHello, I am trying to solve an optimal saving/consumption model which comprises two inequality constraints using the Stochastic Extended Path option. I have looked at the examples of the RBC with irreversible investment model, but I am wondering how to write this model using the MCP option. More specially, does the MCP option handle more than one inequalilty constraint at this juncture? Thank you!