Heterogeneous agent model

[jpfeifer]

See

Loop over parameters

You are not actually setting the parameter. What you should do is use the the set_param_value command. Moreover, if you have an analytic steady state, use a steady_state_model block instead of initval. You can find an example for such a loop here: [Need help to check Matlab compatibility). Basically, you need to write a Matlab m-file with the following parts: rhos = 0.8:0.05:1.05; first_time = 1; for i=1:length(rhos) if first_time set_param_value('rho',rhos(i)); dynare your_…