Endogeneizing parameters
Posted: Sat May 03, 2014 3:04 pm
How can I endogeneize parameters?
I see that I have to create a mod file like
@#if steady
var eta sigmam v ubshare varphi;
parameter U S omega SPR LEV
@#else
parameter eta sigma v ubshare varphi;
var U S LEV SPR omega;
@#endif
Then I do not understand where I should include it. The macro processor guide says to include it in a steadystate.mod file. How can I actually compute steady state? Should I include the mod file above before the model block?
Thanks
I see that I have to create a mod file like
@#if steady
var eta sigmam v ubshare varphi;
parameter U S omega SPR LEV
@#else
parameter eta sigma v ubshare varphi;
var U S LEV SPR omega;
@#endif
Then I do not understand where I should include it. The macro processor guide says to include it in a steadystate.mod file. How can I actually compute steady state? Should I include the mod file above before the model block?
Thanks