I've never used dynare before and I just want to check with the many dynare experts here whether it is even possible to simulate Eggertsson's paper "Great Expectations and the End of the Depression" (AER, 2008) using dynare? I just want to know if dynare is the right tool for that type of NKM before spending lots of time writing codes.
If the answer is yes, I would appreciate any relevant examples/threads.
Thank you guys!