Questions with example file bkk.mod
Posted: Fri Jun 28, 2013 3:11 pm
I am trying to replicate the results in International Real Business Cycles (1992) using the example file bkk.mod. However, the simulated standard error and correlations seem not consistent with the table 4 in the paper. I am not sure where the difference comes from given the calibration is exactly the same. Could you help me explain why?
Thank you very much.
Thank you very much.