%
% ch2ex1.m is a matlab file that solves for 
% the 'steady-state' for a simplified 
% ramsey model
%

% ----- save output to file ----- %

clear all
diary ch2ex1.mout
diary off
delete ch2ex1.mout
diary ch2ex1.mout

% ----- display date and time of computation ----- %

%format long
date
time0 = clock;

% ----- define the parameters ----- %

alpha = 0.36;
delta = 0.025 ;
beta  = 0.99;
abar  = 1;

% ----- dfine fsolve options ----- %

options = optimset('Display','iter','MaxIter',5000,'MaxFunEvals',5000);

% ----- solve for steady states ----- %

sol1 = fsolve(@ch2ex1F,[1,1],options,alpha,delta,beta,abar)

% ----- check solution ----- %

sol1ck = ch2ex1F(sol1,alpha,delta,beta,abar) 

% ----- exit ----- %

comptime = etime(clock, time0)
diary off