Hi,
I have only found examples with the command osr in the presence of a linear model. So I would like to know if it's possible to compute optimal simple policy rules in the case of a non-linear model.
Thanks for your help!
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optimal simple policy rules
by lfl » Sun Nov 28, 2010 6:08 pm
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Re: optimal simple policy rules
by SébastienVillemot » Mon Jan 10, 2011 5:46 pm
Yes. In that case, Dynare will use the first order solution of your model for computing the optimal simple rule.
Sébastien Villemot
Economist at OFCE – Sciences Po
Economist at OFCE – Sciences Po
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