Dynare forums

Posted: **Thu Jan 24, 2013 9:06 pm**

Hi,

I'm using ramsey_policy command and I want to know how to interpret the policy and tansition function, especially the mult_i(-1) variable.
What it means???

Thanks!

Posted: **Wed Feb 13, 2013 10:42 am**

The mult_i(-1) variable is a Lagrange multiplier. See http://www.dynare.org/summerschool/2012 ... day_mj.pdf for more theoretical background on this.

Posted: **Tue Feb 19, 2013 2:53 pm**

Thanks!!!

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Ramsey Policy and transition Function

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