Hi All,
I am a completely new user of Dynare and wondering whether it is possible to use Dynare to generate log linearization around the steady states with a couple of first order conditions. I am reading the reference manual now but have found any practical information yet.
The equations that I want to linearize are attached. Please have a look at the end of page 3 and at the beginning of page 4, you will find those 8 equations which need to be linearized. Thank you very much for your interest and help. Any effort will be highly appreciated.
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Log Linearization with using Dynare
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Log Linearization with using Dynare
by Lisa11 » Wed Dec 07, 2011 10:06 pm
- Attachments
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CSpap_Appendix.pdf- Online Appendix_Macroeconomic Effect of Financial Shocks
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- Lisa11
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Re: Log Linearization with using Dynare
by BBCH » Wed Dec 07, 2011 10:09 pm
rewrite every variable as exp(x)
- BBCH
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Re: Log Linearization with using Dynare
by Lisa11 » Wed Dec 07, 2011 10:15 pm
Hi BBCH,
Thanks for answering so fast. I will try it asap. I will give you feedback later with the codes writing.
Thanks for answering so fast. I will try it asap. I will give you feedback later with the codes writing.
- Lisa11
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- Joined: Tue Dec 06, 2011 9:38 pm
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