anonymous-submission-acl2025's picture
add 42
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function [Dist, Aprime] = savings(C, s, p, type, bnd)
% gives A' for a given level of consumption
if strcmp(type, 'h')
Aprime = s(:,1) + p.phi^(1 + 1/p.gamma).*C.^(-p.sigma/p.gamma) - C;
else
Aprime = s(:,1) + p.phi^(1 + 1/p.gamma).*C.^(-p.sigma/p.gamma) - (1 + p.alpha^(1/p.sigma)*p.R^(1 - 1/p.sigma)).*C;
end
if nargin == 5
Dist = Aprime - bnd;
else
Dist = [];
end