Hi
I have tried to search for the answer but unfortunately I cannot find an answer. So I hope you may help me. Is it possible to calculate the size of the intertemporal loss in Dynare? I'm just interested in a standard quadratic version.
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Calculating intertemporal loss
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.
4 posts
• Page 1 of 1
Calculating intertemporal loss
by h0ps » Tue Apr 29, 2014 9:08 am
- h0ps
- Posts: 32
- Joined: Tue Jul 10, 2012 1:55 pm
Re: Calculating intertemporal loss
by ahnulxy » Fri May 02, 2014 10:22 pm
Can you be more specific? What do you mean by saying inter-temporal loss? Are you calculating quadratic welfare loss function in NK model?
- ahnulxy
- Posts: 43
- Joined: Thu May 10, 2012 7:24 am
Re: Calculating intertemporal loss
by h0ps » Sun May 04, 2014 10:01 am
Yes exactly. Of course it is straight forward to calculate the loss for a given period ½(pi^2+lambda*x^2) but for me it seems less straight forward to calculate it over the infinite time horizon? (as 8.45 page 357 in Walsh)
- h0ps
- Posts: 32
- Joined: Tue Jul 10, 2012 1:55 pm
Re: Calculating intertemporal loss
by jpfeifer » Tue May 06, 2014 7:21 pm
Which Walsh edition do you refer to?
- jpfeifer
- Posts: 6940
- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
4 posts
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 6 guests