Hi experts,
I'm using dynare to solve Bianca de Paoli model: MONETARY POLICY AND WELFARE IN A SMALL OPEN ECONOMY. in levels, and I'm using ramsey, but it doesn't work.
Could someone help me please!!!
I attached the .mod file.
Thanks in advance for your help,
Ramón
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SOE Model Help
by reduardo » Fri May 24, 2013 4:51 pm
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Bianca10.mod- (3.91 KiB) Downloaded 150 times
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Re: SOE Model Help
by donihue » Wed May 29, 2013 1:03 pm
Place the definitions of miu_bar, l and phis before the definition of lx1 and it will work.
Regards
Donihue
Regards
Donihue
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