HELP WITH EXERCISE

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HELP WITH EXERCISE

Postby Mikele91lp » Mon Jul 20, 2015 1:11 pm

Hello everyone! I should transfer in " dynare " th model containing in the file "model_project.pdf" and perform the exercise contained in the last page of the other pdf .
I attach the mod file . Can someone please help me?
Attachments
progetto11.mod
(1.06 KiB) Downloaded 80 times
exercise.pdf
(88.74 KiB) Downloaded 82 times
model_project.pdf
(94.25 KiB) Downloaded 109 times
Mikele91lp
 
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Re: HELP WITH EXERCISE

Postby jpfeifer » Tue Jul 21, 2015 8:22 am

Check your model. If you define pip as a parameter, your equation
Code: Select all
lambda=lambda(+1)+R-pip(+1);

is not linear anymore. Moreover, using a leaded parameter makes no sense.
Use
Code: Select all
resid(1);
before steady to see the problematic equations.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
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