Need some help for VERY simple code

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Need some help for VERY simple code

Postby Butree » Sat Oct 05, 2013 5:33 am

I'm just getting started in Dynare. I tried to begin with simple RBC models; but I don't know why the code doesn't work-the impulse response is simply a horizontal line! The code is attached, can anybody help? :(
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p1_1.mod
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Butree
 
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Re: Need some help for VERY simple code

Postby jpfeifer » Sat Oct 05, 2013 9:05 am

Your parameter gamma must be negative or you must delete the minus in the labor FOC.
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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