code of Limited Participation Model
Posted: Thu Oct 04, 2007 1:15 amHi, Guys:
Is there some working on Limited Participation model in dynare? I am stucked somewhere, since I can't substitute out bonding holding in the Euler equation, but I can't find another equation related with bond holding, thus I am one equation short to get a complete system. Hope that you guys can give me some hint.
Is there some working on Limited Participation model in dynare? I am stucked somewhere, since I can't substitute out bonding holding in the Euler equation, but I can't find another equation related with bond holding, thus I am one equation short to get a complete system. Hope that you guys can give me some hint.