Hello Everyone! I hope you are enjoying the free DSGE course. Please leave your comments/feedback! NOTE: Equation 1 can be written as I= Y - C, and you can think of investments as the portion of GDP that is not consumption. ✅ You can buy the DO File Along with the slides and paper (maths solved) at: jdeconomicstore.com/b/dsgemodelstata ✅ Download for Free the PDF With Dynamic Equations, and see the course outline at: www.jdeconomics.com/dsge-models ☕If you would like to show your appreciation and make a donation: 💳 www.paypal.com/paypalme/JDEconomics?locale.x=en_US Best Regards, Juan D.
Hi, all the variables are defined. They are all somewhere in the model. You can solve for investments from equation 1. (I=Y-C). You can think of investments as the portion of the total GDP that is not consumption. Recall we have 8 variables in the model and 8 equations. I hope that helps to answer your question. Regards, JD
Hello Everyone! I hope you are enjoying the free DSGE course. Please leave your comments/feedback!
NOTE: Equation 1 can be written as I= Y - C, and you can think of investments as the portion of GDP that is not consumption.
✅ You can buy the DO File Along with the slides and paper (maths solved) at:
jdeconomicstore.com/b/dsgemodelstata
✅ Download for Free the PDF With Dynamic Equations, and see the course outline at:
www.jdeconomics.com/dsge-models
☕If you would like to show your appreciation and make a donation:
💳 www.paypal.com/paypalme/JDEconomics?locale.x=en_US
Best Regards,
Juan D.
Great Job! Thanks for the clear explanation. Please keep posting more tutorials! Thanks a lot!
Great to hear so! Regards, JD
Excellent revision video. Only thing I'd say, we cannot see a productivity shock until analyse the actual data
Thanks!
thanks for sharing
Thanks for watching!
What we do the analysis with general forms of functions, like f(Kt,1-Ht) and no specific Cobb Douglas or other. How the equations are modified?
thx this video is super useful for dsge beginners and do keep going I will subscribe and like
Thanks! You can buy the material if you are interested. Also, please check my website to see all the tutorials: www.jdeconomics.com
It appears equation for Y(t) has been defined twice while there is no equation defining investment, I(t)
Hi, all the variables are defined. They are all somewhere in the model. You can solve for investments from equation 1. (I=Y-C). You can think of investments as the portion of the total GDP that is not consumption. Recall we have 8 variables in the model and 8 equations. I hope that helps to answer your question. Regards, JD
@@JDEconomics Thanks !