Help me with BGG Model (1999) with exogenous bubble

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Help me with BGG Model (1999) with exogenous bubble

Postby Aliburm » Fri Aug 14, 2015 9:25 pm

Hi everyone, i am new to Dynare. Currently I am trying to replicate the result from Bernanke an Gertler 1999, which is the modified version of BGG model with exogenous bubble. The problem i am dealing with is, there are 18 equations in the model but only with 17 endogenous variables. Have anyone tried to do this with Dynare and have the same problem? Or am I missing something here? Please help!!

I have added the link of the article below, please have a look!!
http://www.nber.org/papers/w7559.pdf
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Re: Help me with BGG Model (1999) with exogenous bubble

Postby Massimo » Mon Sep 21, 2015 6:45 am

can you post your code?
From the paper I see 18 equations for 18 endogenous variables
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Re: Help me with BGG Model (1999) with exogenous bubble

Postby jpfeifer » Mon Sep 21, 2015 9:54 am

Exactly. The closest file I am aware of is http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=4783
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