Greenwood, Hercowitz Huffman wage markup
Posted: Tue Sep 13, 2016 9:21 am
Good morning,
i have to do an exercise in dynare. i have to suppose that households maximize the utility function used by Greenwood, Hercowitz Huffman (1988), used also by Furlanetto and Seneca (2014). i have to derive the model and calibrate the parameters (with the new steady state) using the loglinearized model and Dynare and simulating a shock to wage markup, but i have no idea how to do with Dynare. Could someone help me ?
file:///Users/gianlucamozzali/Library/Containers/com.apple.mail/Data/Library/Mail%20Downloads/81D78273-917B-4B53-A086-C7F65159B1EF/group2_Furlanetto&Seneca.pdf
file:///Users/gianlucamozzali/Library/Containers/com.apple.mail/Data/Library/Mail%20Downloads/96097882-5DDE-4593-A0E3-81772AAC137B/FurlanettoSeneca2014.pdf
Thanks.
i have to do an exercise in dynare. i have to suppose that households maximize the utility function used by Greenwood, Hercowitz Huffman (1988), used also by Furlanetto and Seneca (2014). i have to derive the model and calibrate the parameters (with the new steady state) using the loglinearized model and Dynare and simulating a shock to wage markup, but i have no idea how to do with Dynare. Could someone help me ?
file:///Users/gianlucamozzali/Library/Containers/com.apple.mail/Data/Library/Mail%20Downloads/81D78273-917B-4B53-A086-C7F65159B1EF/group2_Furlanetto&Seneca.pdf
file:///Users/gianlucamozzali/Library/Containers/com.apple.mail/Data/Library/Mail%20Downloads/96097882-5DDE-4593-A0E3-81772AAC137B/FurlanettoSeneca2014.pdf
Thanks.