General question about a non-linear PC

General DSGE Modeling
1

Hi everyone,

I was intrigued by the non linear PC in this file https://github.com/JohannesPfeifer/DSGE_mod/blob/master/Gali_2015/Gali_2015_chapter_3_nonlinear.mod and I wonder if any derivation is available out there.

Many thanks in advance

2

Hi Lahcen,

Luckily, you do not have to search far :slightly_smiling_face: . @jpfeifer kindly provided the derivation at
https://github.com/JohannesPfeifer/DSGE_mod/blob/master/Gali_2015/Derivation_Recursive_Pricing_Equation.pdf .

3

Many thanks, this is very helpful :slight_smile: