I'm simulating a simple deterministic two-sector Ramsey model with a permanent productivity shock in one sector. I obtain full rank but cannot get convergence. Extending the periods and reducing the size of the shock doesn't help. Curiously, a more complicated version of the same model with a BGG-type accelerator works but this doesn't.
I'm attaching the file for reference.
Thanks.
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Convergence problems with a two-sector Ramsey model
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.
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.
1 post
• Page 1 of 1
Convergence problems with a two-sector Ramsey model
by dilyana » Fri Mar 25, 2011 3:17 am
- Attachments
-
bgg_onecons_twogoods_perm.mod- (2.25 KiB) Downloaded 143 times
- dilyana
- Posts: 2
- Joined: Fri Mar 25, 2011 3:12 am
1 post
• Page 1 of 1
Who is online
Users browsing this forum: Google [Bot] and 8 guests