the timing problem

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the timing problem

Postby bowencheng » Thu Jun 22, 2017 1:52 pm

Hi,I am studying the BGG model ,I find that in the paper ,many variables are t(+1) but in dynare ,when writing the code these should be t or t(-1)I am confused .and
my code violate the BK condition ,is that because of the timing? thank you so much
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Re: the timing problem

Postby jpfeifer » Fri Jun 23, 2017 9:19 am

Have a look at
Code: Select all
https://sites.google.com/site/ambropo/dynarecodes
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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