Optimal Monetary Policy
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Hi,
I cite something I read on the forum:
"If you have a nonlinear model and that you want to get a linear (or second order) approximation of the optimal policy, use A. Levin procedure. I will soon release a way of doing it directly in Dynare version 4"
Is it out already?
Thanks
I cite something I read on the forum:
"If you have a nonlinear model and that you want to get a linear (or second order) approximation of the optimal policy, use A. Levin procedure. I will soon release a way of doing it directly in Dynare version 4"
Is it out already?
Thanks