Smet and Wouters with Indeterminacy
Posted: Thu Sep 29, 2016 2:51 pm
Hi,
we all know that SW(2007) rules out indeterminacy by construction.
Is there any Dynare code that allows to estimate literally a SW model but that account for indeterminacy?
we all know that SW(2007) rules out indeterminacy by construction.
Is there any Dynare code that allows to estimate literally a SW model but that account for indeterminacy?