initial values in OSR
Posted: Thu Mar 31, 2011 7:13 pmDear all,
I am trying to compute the optimal simple monetary rule with osr command. However, sometimes it happens that different initial values for the monetary policy parameters yield different optimal solutions. Please, could anyone suggest me how to proceed in such a case?
Thanks for your help
Best,
Rossana
I am trying to compute the optimal simple monetary rule with osr command. However, sometimes it happens that different initial values for the monetary policy parameters yield different optimal solutions. Please, could anyone suggest me how to proceed in such a case?
Thanks for your help
Best,
Rossana