by xyz » Sat Jan 02, 2016 5:31 pm
Dear chowshangyao, thank you very much for your help.
If I understand it correctly, you implemented the equations describing the optimal policy, right? My problem is, that if I manage to get the baisc model working, I want to add some government debt policies to the model. Thus, I think, I would have to recalculate the optimality conditions, right? In order to avoid that problem, I would like to base my mod-file on the equations describing the economy, and not on the optimality conditions. Does that make sense to you?
Do you have (or anybody else) any suggestions to get my model running? I think, I need to include the monetary union, don't I ? I would really appreciate any hints or suggestions!
Thank you very much in advance.
Kind regards