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SOE Model Help

PostPosted: Fri May 24, 2013 4:51 pm
by reduardo
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

Re: SOE Model Help

PostPosted: Wed May 29, 2013 1:03 pm
by donihue
Place the definitions of miu_bar, l and phis before the definition of lx1 and it will work.
Regards
Donihue