estimating parameters with no quarterly data for GDP..

[Araba]

Dear all


I am a final year undergraduate student considering to write thesis using small open economy New Keynesian model. Though am not very familiar with such models, I am not happy with calibrating the parameters, rather want to estimate them. However, the country am considering doesn’t have quarterly data for GDP and consumption. I can only get for few variables, like export and imports.

Is there anyway I can estimate the parameters using DYNARE without data on GDP and consumption, or there is anyway I can use annual data instead of quarterly data to estimate DSGE parameters?

thanks in advance

araba

[MichelJuillard]

There is nothing in Dynare that stops you of estimating a model with annual data. It is for you to verify that the data that you are using are informative for the questions that you are asking ....

Kind regards

Michel