Replication code for Corsetti et al (2008 REStud)???
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Hi, All:
I wonder if someone has successfully replicated the result in the REStud paper by Corsetti, Dedola and Leduc. Their model is pretty conventional, but it resolves a few puzzles in international economics. However, my own replicate with dynare does not work out. I really appreciate it if you can share the code or some experience with this kind of model, to be specific, a two-country model with tradable&nontradable sector and distributional cost.
Best
I wonder if someone has successfully replicated the result in the REStud paper by Corsetti, Dedola and Leduc. Their model is pretty conventional, but it resolves a few puzzles in international economics. However, my own replicate with dynare does not work out. I really appreciate it if you can share the code or some experience with this kind of model, to be specific, a two-country model with tradable&nontradable sector and distributional cost.
Best