questions about OSR

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.

questions about OSR

Postby azuo1001 » Mon Jul 02, 2012 7:39 am

I know that OSR can compute the coeffections for policy that minimize loss function, but I want to know:
1. whether it can compute the coeffections for policy that will maximize the household life time utility? because i want to compare the results whit Ramsey policy's results.
2.if i write the weights by the minus of household utility second order approximity, can i compare the results of OSR whit Ramsey policy's?
3. if my model is log-linearized, when i write the planer objective(in the Ramsey policy flamwork), whether i have to write objective function by the household utility second order approximity?

Thank you for any reply!
azuo1001
 
Posts: 7
Joined: Mon Jan 09, 2012 10:56 am

Return to Dynare contributions and examples

Who is online

Users browsing this forum: No registered users and 1 guest