Зарегистрирован: 22.05.2018 Сообщения: 5 Откуда: LONDON
Добавлено: Вт Май 29, 2018 11:47 Заголовок сообщения: Bond issues
I am building a two-country DSGE model in which domestic household can hold home bond issued by goverment and U.S. bond, but U.S household can only hold its own bond which is in zero net supply. when I run my model, dynare report BK conditon is satisfied, but the rank condition isn't verified. I have checked the timing of the model over and over again, but still can not fix this problem. can someone tell me what's is it ?
I didn't find the right solution from the Internet.