The Anderson-Moore Algorithm AIM index

MODEL> FIRMVALUE

ENDOG>                                    
                    V
                    DIV


EQUATION> VALUE
EQTYPE> IMPOSED
EQ>     LEAD(V,1) = (1+R)*V - LEAD(DIV,1)

EQUATION> DIVIDEND
EQTYPE> IMPOSED
EQ>     DIV = (1-DELTA)*LAG(DIV,1)


END