Gerali et al Credit and banking

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Re: Gerali et al Credit and banking

Postby Seungcheol Lee » Wed Aug 03, 2016 3:18 pm

Dear Federico

Did you change some of the initial values? or do you suggest me to change some of the values?

I couldn't find any change in initial values from your attached mod file.

Thank you again!

Best
Seungcheol
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Re: Gerali et al Credit and banking

Postby jpfeifer » Thu Aug 04, 2016 9:12 am

As long as you are not estimating parameters that create a dependency, you should be fine. It is nevertheless recommended to not program a mod-file like this, because you often forget to properly keep track of which parameters can be estimated and which cannot.
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University of Cologne
https://sites.google.com/site/pfeiferecon/
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