How can we include t term in the equation. For example; in Kaltenbrunner and Lochstoer (2010), the productivity equation is given by Zt = exp (mu x t + zt)
If I write the code in Dynare,
But does dynare read t as the tTH period value where t=1,2…
If it does not, how can I can specify the t variable in the dynare code.
Looking forward to your reply.