We use the same procedures as yesterdayfs but change the functional settings.
For aggregate model without labor, we set
fc(K,K1)=A*K^alpha-(K1-(1-delta)*K)/Q
For aggegate model with labor, given constant labor Lstar, we set
fc(K,K1)=A*K^alpha*Lstar^(1-alpha)-(K1-(1-delta)*K)/Q
for the same fu(x) respectively.