Non-homothetic preferences
Posted: Fri Aug 12, 2016 6:59 pm
Hi all,
I am working with a two sector model with non-homothetic preferences. Is there a way to deal with Engel Curves in dynare? I ask because there does not seem to be a unique steady state with these kind of preferences.
Thank you,
G
I am working with a two sector model with non-homothetic preferences. Is there a way to deal with Engel Curves in dynare? I ask because there does not seem to be a unique steady state with these kind of preferences.
Thank you,
G