Here is some material I wrote up, on the setting up of a 3 equation new Keynesian model with a stochastic trend that can be estimated with ML or Bayesian methods. I also attach the dynare (version 4) code and data. The draft is not particularly polished, but I think it will be useful for people beginning to derive and estimate these models. And please let me know if you find any mistakes or typos.
cheers
reuben
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Example Derivation&Estimation:NKstochasticgrowthmodel
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
Example Derivation&Estimation:NKstochasticgrowthmodel
by reubenpjacob » Fri Jul 20, 2012 9:33 am
- Attachments
-
DemoData.txt- Data copied in text file. Make a matlab mat file for estimation.
- (16.43 KiB) Downloaded 120 times
-
- rescaled.mod
- Dynare Mod File for Estimation
- (4.31 KiB) Downloaded 376 times
-
- MickeyMouseModelforEstimation.pdf
- Model Derivation
- (111.06 KiB) Downloaded 134 times
- reubenpjacob
- Posts: 133
- Joined: Fri Oct 06, 2006 3:23 pm
- Location: Reserve Bank of New Zealand
1 post
• Page 1 of 1
Who is online
Users browsing this forum: Google [Bot] and 11 guests