Plotting determinacy region

cmarch · 20 July 2020 05:41

Hi filippo_passerini,

You could try have a look at lines 531 and following at🙂:

JohannesPfeifer/DSGE_mod/blob/master/Ascari_Sbordone_2014/Ascari_Sbordone_2014.mod

/*
 * This file replicates the model studied in:
 * Ascari, Guido and Sbordone, Argia M. (2014): "The Macroeconomics of Trend Inflation",
 * Journal of Economic Literature, 52(3), pp. 679-739.
 * 
 * It provides a replication of the main results of the original paper  
 * in Section 3 (the New Keynesian model with trend inflation). It replicates the Figures:
 * - Figure 7: The Cost of Price dispersion
 * - Figure 8: Trend Inflation and Steady State Variables
 * - Figure 11: The Determinacy Region and Trend Inflation
 * - Figure 13: Impulse Response Functions to a 1 Percent Positive Technology Shock 
 * - Figure 14: Impulse Response Functions to a 1 Percent Positive Monetary Policy Shock 
 *
 * Moreover, it replicates the business cycle moments reported on p. 717. 
 *
 * This mod-file shows how to access steady state variables in order to plot steady state
 * dependences on parameters.
 * It also shows how to manually do a stability mapping be iterating over a grid on the parameter space.
 * 
 * Notes:

This file has been truncated. show original