Dear professor,
I am new about dynare, and I have encountered a steady state problem when replicating the VMD model(a model with shadow banking sector).
I have no idea how to calculate the steady state of omegabar. Would you please help me out?
Thank you so much.
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a problem about VMD model
by lssp » Fri May 09, 2014 11:13 am
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Re: a problem about VMD model
by jpfeifer » Tue May 13, 2014 10:04 am
You need to provide more information here. what does VMD stand for? What is omegabar? What is the problem?
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Re: a problem about VMD model
by lssp » Wed May 14, 2014 11:26 am
Dear professor,
I'm so sorry that I did not make it clear.
VMD means (Un)anticipated Monetary Policy in a DSGE Model with a Shadow Banking System written by Fabio Verona, Manuel M. F. Martins and Inês Drumond.
Although I could see the code of this paper in the Macroeconomic Model Data Base, yet I cannot find the process of steady state solving.
I have no idea how to calculate the steady state of omegabar in this paper.
The attachment is the code of this paper.
Thank you!
I'm so sorry that I did not make it clear.
VMD means (Un)anticipated Monetary Policy in a DSGE Model with a Shadow Banking System written by Fabio Verona, Manuel M. F. Martins and Inês Drumond.
Although I could see the code of this paper in the Macroeconomic Model Data Base, yet I cannot find the process of steady state solving.
I have no idea how to calculate the steady state of omegabar in this paper.
The attachment is the code of this paper.
Thank you!
- Attachments
-
US_VMDno.mod- (21.36 KiB) Downloaded 78 times
- lssp
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- Joined: Thu Apr 10, 2014 12:22 pm
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