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Symmetric Countries

PostPosted: Mon Nov 16, 2015 5:44 am
by Econ
Hi all,
I am trying to open up a simple model to a two symmetric country DSGE model.
I am able to run the code but the standard deviation values are different for variables and in some cases, the mean is different as well even if I am assuming that the countries are symmetric. Can someone explain me how to solve that problem when you have two symmetric countries in a model and find that the variables have different mean and/or standard deviation.

Your help will be very appreciated.

Thank you.

Re: Symmetric Countries

PostPosted: Mon Nov 16, 2015 10:19 am
by jpfeifer
Check you equations. You will see that the found steady state is not symmetric.

Re: Symmetric Countries

PostPosted: Mon Nov 16, 2015 10:52 pm
by Econ
OK Thank you very much