Dear colleagues,
I hope you are all well. I am wondering if there is someone who has estimated the Gerali model with the US data or any attempt to match the model with the USA. Thank you for your help.
You can look at several contributions of Matteo Iacoviello (and coauthors). Albeit, the models are not the same, they are mostly based on the collateral contraints set-up and they are estimated (or calibrated) on US economy.
Dear Federico,
Thank you for your reply. I mean a paper which calibrates and estimates the exact Gerali model for the USA (or a DSGE model with bank market power). In addition, I was wondering if out of the MMDB, is there any other sources for the mod files of Gerali 2010 (especially the estimation part). Thank you,