Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Very basic RBC
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.
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.
3 posts
• Page 1 of 1
Very basic RBC
by matrix99 » Mon Oct 06, 2014 8:26 pm
Hi guys, I'm trying to learn dynare in these days for my master thesis, so i started with a very simple RBC following the paper attached (BasicRBC). Despite this, it appears i do something wrong in the initval section, because i don't get zero steadystate values. Any suggestion for a beginner? Thank you very much!
- Attachments
-
f.mod- (530 Bytes) Downloaded 43 times
-
- basicRBC.pdf
- (173.31 KiB) Downloaded 46 times
- matrix99
- Posts: 3
- Joined: Mon Oct 06, 2014 3:37 pm
Re: Very basic RBC
by jpfeifer » Tue Oct 07, 2014 8:24 am
1. Your timing is wrong, see the manual. Given your beginning of period stock convention, you must use
2. There is a log missing in the RHS of your exogenous law of motion. It must be
Attached is the running file.
- Code: Select all
predetermined_variables k;
2. There is a log missing in the RHS of your exogenous law of motion. It must be
- Code: Select all
log(z)=rho*log(z(-1)) + e;
Attached is the running file.
- Attachments
-
- f.mod
- (583 Bytes) Downloaded 41 times
- jpfeifer
- Posts: 6940
- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
3 posts
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 4 guests