Hello! Thank you for taking your time to help me!
I’m writing a code to run some shocks to a small open economy with formal and informal markets plus corruption in steady state.
Nevertheless, my code has some problems and won’t run.
I kindly request any advice or suggestion, I’m very grateful for even the most minor improvement!
Thank you so much!
code.mod (3.83 KB)
Variables and parameterts definition.pdf (375 KB)
Equations for Dynare.pdf (347 KB)