Dynare forums

Forums for asking questions, posting comments and uploading examples related to Dynare
http://www.dynare.org/phpBB3/

Calculating intertemporal loss

http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=5574

Page 1 of 1

Calculating intertemporal loss

PostPosted: Tue Apr 29, 2014 9:08 am
by h0ps
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.

Re: Calculating intertemporal loss

PostPosted: Fri May 02, 2014 10:22 pm
by ahnulxy
Can you be more specific? What do you mean by saying inter-temporal loss? Are you calculating quadratic welfare loss function in NK model?

Re: Calculating intertemporal loss

PostPosted: Sun May 04, 2014 10:01 am
by h0ps
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)

Re: Calculating intertemporal loss

PostPosted: Tue May 06, 2014 7:21 pm
by jpfeifer
Which Walsh edition do you refer to?
All times are UTC
Page 1 of 1
Powered by phpBB® Forum Software © phpBB Group
http://www.phpbb.com/