DSGE
DSGE
Hello everyone .. Following a correction of a DSEG model that you helped me corrected, I made a reply with this model that presents me with errors that I can not find. Your help would be very useful for me to make the latest corrections. I joined the model and the MCS.
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- Untitled_3.gms
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- MCS2015.xlsx
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Re: DSGE
Hi
Some remarks:
- Scale your SAM to values around 1 (you otherwise want to solve your model with a precision of e.g. 0.00001 EU).
- If you define variables that should be positive (like LDC and KDC) do so.
- Check your initialization by setting the iteration limit to zero. I haven't worked with DSGE, but it is always good to set the values of your variables to the benchmark.
Cheers
Renger
PS. Please don't do double postings.
Some remarks:
- Scale your SAM to values around 1 (you otherwise want to solve your model with a precision of e.g. 0.00001 EU).
- If you define variables that should be positive (like LDC and KDC) do so.
- Check your initialization by setting the iteration limit to zero. I haven't worked with DSGE, but it is always good to set the values of your variables to the benchmark.
Cheers
Renger
PS. Please don't do double postings.
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Enjoy modeling even more: Read my blog on modeling at The lazy economist
Enjoy modeling even more: Read my blog on modeling at The lazy economist
Re: DSGE
Hello sir.. Thank you for your reply. I took your remarks into account. I realize that I am not well surrounded by the first and the third remark. I reviewed the initialization of the variables to the basic variables and redefined the positive variables. The model barely has to roll. The first remark is a little vague for the moment.
Thank you
Thank you