Posts

NOTE

This post is outdated. With the advent of Julia 1.0, the workflow for creating packages was significantly altered. An excellent …

In my previous post, I discussed how the the simulated method of moments can be used to estimate parameters without using the …

As Thomas Sargent said:

“A rational expectations equilibrium model is a likelihood function”

However in many cases, the …

A large class of economic models involves solving for functional equations of the form:

A well known example is the stochastic optimal …

Dynare is a rich software to solve, estimate and analyse rational expectation models. While it was originally designed to solve and …