[Scilab-users] Simulation of static general equilbiirum model

[Dang, Christophe]

Hello,

> De : De la part de Mathseco
> Envoyé : dimanche 28 septembre 2014 18:01
>
> but if i put some other values which are not close to the solutions
> then it is showing error....

I'm not in econometrics and Eric's answers are very accurate,
but as a more general advice:
be aware that the solving of non-linear equations
is a step-by-step procedure
which aims is to minimise the residual.

The problem is when you have a local minimum,
which is different from the global minimum.

You might have a look at
https://en.wikipedia.org/wiki/Mathematical_optimization

HTH

Regards

--
Christophe Dang Ngoc Chan
Mechanical calculation engineer
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