Good evening everybody.

I am looking for the code of the model described in the paper of Vlcek/Roger (2011) (“Macroeconomic Costs of Higher Bank Capital and Liquidity Requirements”) in Dynare.

I am requesting this code in order to locate the exact expressions of the framework. More specifically,I have the Dynare code of the Gerali et al (2010) model and I am looking to augment it with the extra equations describing government consumption,liquidity and bond riskiness and then find the steady state.

I have made an effort myself,but the addition of the extra equations and parameters has moved the steady state far from the Gerali model steady state.

If it is helpful,I will both versions of the codes later in the day,so hopefully one can tell me what can be done (apart from checking the residuals of the equations-I have done that already and tried changing some of the calibrated parameters but residuals do not drop and convergence does not occur).

Desperately looking to hearing from you!