GAUSS code for Backus-Kehoe-Kydland
The following files includes the programmes for solving the BKK 1994 (AER) model of multiple goods. The model is simplified in such a way that capital adjustment costs (time to build) are excluded. The programmes solve the model using the Ricatti Equation method and precision is enhanced by using a log transformation. The documentation is a bit scarce but the notation should be obvious. The programmes can be used also for reproducing the results in Ravn, Journal of International Money and Finance, 1997. The programmes are: 1) lbkk.dyn - solves for the optimal decision rules 2) lbkk.imp - computes impulse response functions 3) lbkk.sim - simulates the model and computes business cycle statistics
|Date of creation:|
|Contact details of provider:|| Postal: P.O. Box 442, St. Louis, MO 63166|
Web page: http://dge.repec.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:dge:qmrbcd:106. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)
If references are entirely missing, you can add them using this form.