Market Clearing Conditions

[Devashish-Thakar]

I think we have get_C, get_I, get_Y in the aggregate file.

But I believe we don't need these since market clearing is solved using get_K, get_L and get_BQ (assuming we are considering bequests as a complexity into the model).

Could you please confirm @jdebacker ?

[jdebacker]

@devashish2019 You might want to keep the get_C, get_I, and get_Y so that you can check the resource constraint to be sure everything adds up as expected: Y = C + I.

[Devashish-Thakar]

Thanks @jdebacker

I will try to figure out more. Maybe we have done something incorrectly in the aggregate function since it seems to take K_sp_1 as an argument, but there is nothing like that in eqn 8.24

[jdebacker]

Yes - K_sp_1 is the $\hat{K}_{t+1}$ in equation 8.24.