@michaelm Here is another simple example of ZLB in NK model from the Occbin paper. I rewrote it here to implement it with Dynare 4.7’s Occbin. Hope this helps!
cgg_occbin_MK.mod (1.0 KB)
@michaelm Here is another simple example of ZLB in NK model from the Occbin paper. I rewrote it here to implement it with Dynare 4.7’s Occbin. Hope this helps!
cgg_occbin_MK.mod (1.0 KB)