Dears 
I try to replicate the model of Gali and Blanchard (2010) and try to evaluate the welfare loss under second order approximation. but there are some errors in the code. I don’t know where is the mistake., if you could help me please? Actually, I am new user in DYNARE
thanks much much.
- There is a semicolon missing at the end of the parameter definition after gdelta.
- In the definition of rho the brackets of the log are missing
- The definition of xi0 has a bracketing error.
Just follow the displayed lines in the error messages.
Dear jpfeifer,
Thanks much, could I ask if I want to evaluate welfare with second order approximation. could you tell me the starting point for doing that?
Thanks again
Dear professor jpfeifer,
I try a lot and follow all the errors to rectify. could you please tell me where is the problem.
Thanks much
A*N = Y; //Production function (from part of intermediate good firms)
is not a correct assignment. I must be
Y=A*N; //Production function (from part of intermediate good firms)
sorry for taking this time, I do as you mention. but there is an error includes:
Y is not a parameter !
even I put in the variable, I know isn’t parameter. how I can solve this problem.
Thanks a lot
You deleted the mod-file, so it’s impossible to tell.
Dear Professor,
Could I ask If I want to transform the Phillips Curve from Linear to non- linear equation (in levels). I write the equation which I had. I follow some posts on the forum. but I couldn’t understand what’s the steps to transform, can you help me with this point? Thanks a lot
π_t = βE_t {π_(t+1) }-K_0 u_t+K_L u_(t-1)+K_f E_t {u_(t+1) }-λ γΦ (a_t )
Dear jpfeifer,
I am a new user in Dynare and I am studying the model of Blanchard and Gali (2010), but there are some errors in the code. Would you please share the code with me?
Thanks you very much!
I replied to your email. You most probably did not download all necessary auxiliary files from the Github-folder