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Conditional vs. Unconditional Welfare

PostPosted: Mon Sep 22, 2014 4:16 am
by alpha
Hi,

I have a very simple question: How can one calculate

1. Unconditional Welfare,

2. Conditional Welfare in Dynare?

A simple example would be very much appreciated!

Re: Conditional vs. Unconditional Welfare

PostPosted: Sun Apr 26, 2015 9:47 am
by jpfeifer
For future reference, some discussion is here http://www.dynare.org/phpBB3/viewtopic.php?f=2&t=5495