Gertler and Leahy(2006)

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Gertler and Leahy(2006)

Postby dynarer » Mon Jun 02, 2008 12:08 am

Is there anyone working on coding the model written by Gertler and Leahy(2006)? I am trying to replicate their simulation results directly from the log-linearized system of equations 4.5, 4.11.-14 plus the definition equation of inflation. Is this the right way to go? Thanks in advance.
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