I am trying to compute the model with an occasionally binding constraint(ZLB).
It seems that there are two toolkits for solving such a model, like Occbin and dynareOBC. Since there are lots of contents related to the latter, I am using dynareOBC now.
However, which is preferable when you solve a model with ZLB, or is there any difference between the algolithms?
I would greatly appreciate any help.