Hello,
I replicated the Hansen model (Ignore the W). It works when I enter initial values into the .mod file (rbcHansen.mod). However, when I create a separate m. file to calculate the steady states dynare can’t find the steady state (rbcHansen2.mod). Can someone tell me what the problem might be?
Further, I am a bit confused about the interest rate. My steady state calculations of the rbcHansen.mod do not correspond to the calculation be hand (using r= 1/beta-1 + depreciation), but instead to r= 1/beta-1. I think this problem might be related to the first problem.
Thanks in advance!
Cheers,
LEM
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Hansen Model
by LEM » Fri Jan 09, 2015 4:09 pm
- Attachments
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rbcHansen2_steadystate.m- (1.74 KiB) Downloaded 67 times
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- rbcHansen.mod
- (1023 Bytes) Downloaded 75 times
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- rbcHansen2.mod
- (1.01 KiB) Downloaded 62 times
- LEM
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Re: Hansen Model
by ptr » Sun Mar 15, 2015 12:04 pm
see replication files on, https://sites.google.com/site/pfeiferecon/dynare
- ptr
- Posts: 30
- Joined: Fri Apr 19, 2013 9:58 am
2 posts
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