Calibration of parameters

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
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.

Calibration of parameters

Postby Oussa » Sat Apr 01, 2006 11:44 pm

I work with Dynare (GAUSS version 3.2). I tried example ramst.mod, I well understood the process of declaration of the model and the simulation, but I not understand how is done the process of the calibration of parameters, especially when one work on a dynamic model with several parameters.
Thank you.
Oussa
 
Posts: 1
Joined: Sat Apr 01, 2006 2:35 pm

Postby MichelJuillard » Mon Apr 03, 2006 11:48 am

Dear Oussa,

your question is much too general to be answered in this forum. Calibration is more of an art than a technique where you can follow a couple of recipees.

You can take a look at the Winter 1996 issue of the Journal of Economic Perspectives for a start.

Best

Michel
MichelJuillard
 
Posts: 680
Joined: Thu Nov 18, 2004 10:51 am


Return to Dynare help

Who is online

Users browsing this forum: Google [Bot] and 10 guests