I need help with writing a short matlab code for my research at Uni. I have all the equations I just need someone to help me run it in MATLAB.
This is a model with capital and human capital. Capital grows by savings and output is produced using capital and human capital. Human capital is affected by education and technology.
I have a government which chooses two variables education and technology. There are two levels of technology: low and high and the govt decides in every period whether to shift to the high from the low tech. If I choose 3 years of education, it will affect the economy after 3 years when the people graduate and enter the labour force.
I am stuck with the maximizing the present discounted value of all future income and finding the equilibrium level of education.