# Basic New Keynesian model - nonlinear

**URL:** https://forum.dynare.org/t/basic-new-keynesian-model-nonlinear/15243
**Category:** General DSGE Modeling
**Created:** [20 February 2020 17:55 UTC](https://forum.dynare.org/t/basic-new-keynesian-model-nonlinear/15243 "2020-02-20T17:55:44Z")
**Posts on this page:** 1
**Showing post:** 9

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### Author: ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)
#### Post date: [25 August 2020 15:30 UTC](https://forum.dynare.org/t/basic-new-keynesian-model-nonlinear/15243/9 "2020-08-25T15:30:20Z")

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Price dispersion is zero up to order=1. At order=2, you really need a lot of replications to get anything smooth.

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