Hello all,
I have a question, maybe a very basic one. I have a model where capital is a predetermined variable and is treated accordingly. In the dynare output "policy and transition functions" the coefficients on k(-1), represents the coefficient on k(t) or k(t-1) if I were to write it down on a paper?
Thanks!
Kyriacos
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Coefficients of policy and transition functions
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Coefficients of policy and transition functions
by kyri82 » Wed Mar 14, 2012 9:08 am
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Re: Coefficients of policy and transition functions
by flumas22 » Wed Mar 14, 2012 11:54 am
Hey...
on k(t).
Look at this web page: http://www.hecer.fi/FDPE/documents/MA11 ... dynare.pdf
slide number 35.
Best,
Jan
on k(t).
Look at this web page: http://www.hecer.fi/FDPE/documents/MA11 ... dynare.pdf
slide number 35.
Best,
Jan
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- Joined: Sun Oct 31, 2010 4:45 pm
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