solving partial equilibrium models

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solving partial equilibrium models

Postby monsoon » Thu May 05, 2016 12:51 am

I understand that dynare is useful in solving DSGE and OLG models. Is there any documentation/tutorial such as writing algorithm from scratch on how to simulate partial equilibrium models either in dynare or matlab. For example models of the genre of william barnett or others. Any information is highly appreciated.
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Re: solving partial equilibrium models

Postby jpfeifer » Fri May 06, 2016 8:27 am

Nothing prevents solving partial equilibrium in Dynare. In fact, many small open economy DSGE models actually are partial equilibrium models.
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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