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OPEN ECONOMY MODEL [ Reply ]
By: Emmanuel Ameyaw on 2021-08-09 14:36
[forum:49483]

model.txt (6) downloads
Hi, may I kindly get some help? I can not find steady in an open economy model using the gecon package. I transferred the model equations from gecon to dynare to compute the steady. I set the initial values of the gecon model to the ones I got from dynare...but steady-state cannot still be found. Maybe you have an idea what I am doing wrong. Or maybe the gecon package is not suitable for SOE models yet? Many thanks!!

I have attached the models both in gecon and dynare. Thanks!

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