Dear all
I‘m trying to replicate model 5 in dynare from the paper „Closing small open economy models“. What can I do with dynare to make the non-stationary model run? What is possible to achieve as a result? Could „steady_state_model“ help?
Dear all
I‘m trying to replicate model 5 in dynare from the paper „Closing small open economy models“. What can I do with dynare to make the non-stationary model run? What is possible to achieve as a result? Could „steady_state_model“ help?
Thank you professor, it was just a timing isssue concerning technology. It’s working now.