Dear Rrofessor,
At the attched code, I have convergence problem with the ZLB implementation using the OCCBIN feature. If you can help me I will very glad.
model21.mod (11.2 KB)
Dear Rrofessor,
At the attched code, I have convergence problem with the ZLB implementation using the OCCBIN feature. If you can help me I will very glad.
model21.mod (11.2 KB)
Your ZLB cannot be correct. The steady state is 0, so i
with the ZLB cannot be log(1/beta)=0.0101
.