Dear all,
I am trying to solve a finite-time deterministric model and so my optimality conditions include a constraint that the terminal value of the forward-looking variable should be zero. I would like to apply the shooting method to determine the initial value of the forward-looking variable that would give me an end value of zero. Is there a straight-forward way to do it?
Thanks a lot for any responses,
Iglika
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Applying the shooting method in Dynare
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Applying the shooting method in Dynare
by iglika » Mon May 03, 2010 1:24 pm
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