Gertler and Karadi paper

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.

Gertler and Karadi paper

Postby 15291057 » Sat May 11, 2013 3:44 pm

Hey guys!

I looking for some form of code from somebody that possibly replicated the 20090 Gertler and Karadi paper "A model of unconventional monetary policy". Any help would be greatly appreciated. I am struggling to linearize the model, especially the section on capital producing firms. Some technical appendix would help, however no such thing exists!! (As far as I can figure out). So yeah. Help!! Please!!

Thanks in advance!
15291057
 
Posts: 3
Joined: Wed May 08, 2013 9:27 pm

Re: Gertler and Karadi paper

Postby fabiover » Sat May 11, 2013 5:20 pm

Hi,

you can find the Dynare code for the Gertler and Karadi 2009 model (as well as the codes for many other models) in the "Macroeconomic model data base" at

http://www.macromodelbase.com/

Best
Fabio Verona
Research Economist
Monetary Policy and Research Department
BANK OF FINLAND
Snellmaninaukio, Helsinki
PO Box 160, FI-00101 HELSINKI, FINLAND
phone +358 10 831 2464
www.bof.fi
http://fabioverona.rvsteam.net/
fabiover
 
Posts: 9
Joined: Wed Sep 26, 2012 10:10 am
Location: Helsinki

Re: Gertler and Karadi paper

Postby ildodo12 » Mon Aug 12, 2013 10:21 pm

Check the Karadi page. They published a version of their code, even though it's not entirely correct and you have to go through it very carefully. But it's THEIR code though.
ildodo12
 
Posts: 1
Joined: Mon Aug 12, 2013 10:18 pm

Re: Gertler and Karadi paper

Postby kay » Tue Dec 10, 2013 9:58 pm

Hi,

thanks for the info. Does anyone know what exactly is wrong about the code?

Best
kay
 
Posts: 19
Joined: Tue Dec 10, 2013 9:44 pm

Re: Gertler and Karadi paper

Postby Jinny44 » Mon Jan 20, 2014 6:04 am

Nice post there are many person searching about that now they will find enough resources by your post. Thanks for sharing.
Jinny44
 
Posts: 1
Joined: Mon Jan 20, 2014 5:43 am

Re: Gertler and Karadi paper

Postby smoon1234 » Sat May 17, 2014 1:07 pm

Hi People,

I am currently trying to reply the models IRF from the GK 11 paper, therefore I downloaded the model code on the macromodeldatabase. However I never get the correct IRF for the "external finance premium".
Did someone else work with the model, and is familiar with it to maybe tell me what is possibly wrong with the model code or parameter setting?

I adjusted the autorgressive fators for the technology shock and the interest-rate smoothing parameter,to fit the calibration indicated in the paper.

I attach the mod file to this post.

Any help would be greatly appreciated!

Thank you in advance.
Attachments
NK_GK09_rep.mod
(4.19 KiB) Downloaded 1120 times
smoon1234
 
Posts: 1
Joined: Tue May 13, 2014 4:36 pm


Return to Dynare contributions and examples

Who is online

Users browsing this forum: No registered users and 1 guest