Hi, I am trying to estimate ECB's New Area-Wide Model (NAWM) of Christoffel, Coenen and Warne. In their paper, authors have included a section with the log-linearized model but I am trying to implement the model using the loglinear option in the estimation command instead of using the log-linearized equations but I am having problems figuring out how to include the wage equations. In their log-linearized version, authors note that they use a wage Phillips curve in addition to the equations of the model, but the first order condition characterising the households' optimal wage setting decision includes an infinite sum (equation 14 in the paper).
How can I ask Dynare to take into account this equation? Thanks in advance.