I’ve been working in Eichenbaum, Rebelo and Trabandt (2020) model. They solve a macro-sir model in both, neoclassical and NK context. But I have lots of questions about their dynare code.
- They solve the non linear model by using homotopy. What does it mean?
- Why they use “format long;” in the parameters section?
- How does work “go_calibrate_pi;”?
- It would be possible run the code by separating neoclassical model from the NK model?
Thank you so much. The code is attached below. ert_model.mod (17.2 KB)