From d97be03d02a53eac4b4d69b25548f87aa8b9913d Mon Sep 17 00:00:00 2001 From: thorek1 Date: Tue, 10 Oct 2023 22:46:50 +0200 Subject: [PATCH] another typo fix --- docs/src/tutorials/rbc.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/docs/src/tutorials/rbc.md b/docs/src/tutorials/rbc.md index df68606d..8337d428 100644 --- a/docs/src/tutorials/rbc.md +++ b/docs/src/tutorials/rbc.md @@ -33,13 +33,13 @@ Firms rent capital from households to produce goods. Their profits, ``\Pi_t``, a Given the Cobb-Douglas production function with a stochastic technology process: ```math -q_t = \e^{z_t} k_{t-1}^{\alpha} +q_t = e^{z_t} k_{t-1}^{\alpha} ``` The FOC with respect to capital ``k_{t}`` determines the optimal amount of capital the firm should rent. It equates the marginal product of capital (how much additional output one more unit of capital would produce) to its cost (the rental rate). ```math -R_t = \alpha \e^{z_t} k_{t-1}^{\alpha-1} +R_t = \alpha e^{z_t} k_{t-1}^{\alpha-1} ``` **Market Clearing**: @@ -99,7 +99,7 @@ using MacroModelling c[0] + k[0] = (1 - δ) * k[-1] + q[0] q[0] = exp(z[0]) * k[-1]^α - + z[0] = ρᶻ * z[-1] + σᶻ * ϵᶻ[x] end ```