initial values in OSR

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initial values in OSR

Postby rossana » Thu Mar 31, 2011 7:13 pm

Dear all,

I am trying to compute the optimal simple monetary rule with osr command. However, sometimes it happens that different initial values for the monetary policy parameters yield different optimal solutions. Please, could anyone suggest me how to proceed in such a case?
Thanks for your help
Best,
Rossana
rossana
 
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