Replication of Arellano (2008)

General DSGE Modeling Replication Attempts
1

Dear all,

is it possible to replicate in Dynare the paper by C. Arellano (2008)?
Thanks in advance for the attention.

Sincerely
Luca

Arellano, Cristina. “Default risk and income fluctuations in emerging economies.” American Economic Review 98.3 (2008): 690-712.

2

No, that is not possible. You need a global solution method.

3

Thank you

Luca