Dynare forums

Forums for asking questions, posting comments and uploading examples related to Dynare

Skip to content

Model with financial accelerator shut off?

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
Topic locked

Model with financial accelerator shut off?

Postby fangtong » Tue Jun 27, 2017 2:43 pm

I recently download the replication code for BGG model. In the paper, Bernanke et al. also provided the baseline model with no financial accelerator. How can I get the replication of the model with no financial accelerator? I would like to compare the two different models.
fangtong
 
Posts: 3
Joined: Wed Nov 11, 2015 9:32 am
Top

Re: Model with financial accelerator shut off?

Postby jpfeifer » Tue Jun 27, 2017 4:22 pm

It seems you need to strip out the financial accelerator features yourself. It does not seem to be sufficient to just change the parameters, because the steady states are hardcoded. That complicates the issue considerably.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
Posts: 6940
Joined: Sun Feb 21, 2010 4:02 pm
Location: Cologne, Germany
Top

Re: Model with financial accelerator shut off?

Postby fangtong » Thu Jun 29, 2017 3:52 am

jpfeifer wrote:It seems you need to strip out the financial accelerator features yourself. It does not seem to be sufficient to just change the parameters, because the steady states are hardcoded. That complicates the issue considerably.


thanks, i will try
fangtong
 
Posts: 3
Joined: Wed Nov 11, 2015 9:32 am
Top
Topic locked

Return to Dynare help

Who is online

Users browsing this forum: Google [Bot] and 12 guests

Powered by phpBB® Forum Software © phpBB Group