Dear Professors;
I please need help on how to Calibrate the NK Three (3) Equations in Mat Lab Dynare. This is my first time learning Calibration.
Thanks in advanced for any useful materials and guide given.
Dear Professors;
I please need help on how to Calibrate the NK Three (3) Equations in Mat Lab Dynare. This is my first time learning Calibration.
Thanks in advanced for any useful materials and guide given.
The answer generally depends on what you are trying to do. The GalĂ textbook for example picks plausible parameter values.