Problem in ramsey policy
Posted: Thu Nov 13, 2014 7:16 am
Dear all:
I use dynare 4.4.2 to replicate table 2 in SGU2004JET 'optimal fiscal and monetary policy under sticky prices'. But the all the variables' theoretical moments are NaN, and there is a few differences between the dynare results and that in paper. The attachment is the mod file, where is wrong.
Thank you.
I use dynare 4.4.2 to replicate table 2 in SGU2004JET 'optimal fiscal and monetary policy under sticky prices'. But the all the variables' theoretical moments are NaN, and there is a few differences between the dynare results and that in paper. The attachment is the mod file, where is wrong.
Thank you.