Hello,
I am simulating an extension of the New Keynesian model with a fiscal sector and a tax on labour that is set as a parameter. I would like to simulate the model with all values of the labour tax parameter between 0 and 1 and generate a graph of the responses. I have two questions:
1. Am I right in thinking that this is called "looping parameters"?
2. Can someone link me to/provide me with a detailed explanation of how to do this in Dynare?
I apologise in advance if this has been addressed in older posts but I'm having trouble understanding the process. I attach the mod file in case it helps.
Thanks
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Multiple parameter values
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Multiple parameter values
by mrk » Fri Aug 21, 2015 2:31 pm
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BaselineRules.mod- (4.3 KiB) Downloaded 33 times
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Re: Multiple parameter values
by jpfeifer » Sun Aug 23, 2015 4:33 pm
Yes, this is looping in Dynare, for details see http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=4891
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