Code with Financial Accelerator

[bigbigben]

Hi, Guys:
Do you know someone using Dynare to code Financial Accelerator in a DSGE model like BGG model? I want to learn the stuff but I can't find a reference code. I want to use the code to do some exercise.

Best

[EnzoCerletti]

I wish I knew any example I could lay my hands on!
I'm working myself in a model based on BGG, but the clock keeps ticking, so finding a close reference would make my life much easier

[fabio_portugal]

Here is the code for BGG model.

I hope it could be useful to you.

Best Regard

Fabio

[bigbigben]

[quote="fabio_portugal"]Here is the code for BGG model.

I hope it could be useful to you.

Best Regard

Fabio[/quote]

That helps a lot. Thank you very much.

[dilsat]

Hello Fabio, I have been working on your financial accelerator code for my thesis. My model is a little bit more complicated than this but yours helps me very much to understand the steps I should follow. So, first of all, thank you for that. I have a minor question about the code: I see that you wrote all the equations that is written on BGG(1999) but the evolution of net worth equation which is eqn(4.21) in the paper is different from the code! As far as I see this is not an algebraic manipulation. Why did you do such change? Secondly, variables r, k, n and i are written with one period lag although they are not in the paper. Do you have any purpose for doing that?

I am a beginner at using Dynare and these questions may be too easy for you but if you help me I would be glad. In my model, there is more than one interest rate and I do not know how to deal with them.

Thank you in advance.
Dilşat

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Here is the code for BGG model.

I hope it could be useful to you.

Best Regard

Fabio