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Dynamic Macro Model Page

Introduction

This webpage aims to develop a list of DSGE models solved by King and Watson (1998) in MATLAB. The solution is then used to show impulse response to exogenous shocks. These codes can also calculate model implied second moments such as volatilities and cross-correlations. We also develop codes for model evaluation and model selection. 

Models (links to code are under construction)

Hansen's RBC model code

New Keynesian IS-LM model code

Optimal simple rule model code

A macroeconomic yield curve model code

Open economy macroeconomic model code

Labour market search and match model code

A money model with loan production code

References:

Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium, edited by Sumru Altug, Jagjit S. Chadha and Charles Nolan, Cambridge University Press, 2003.

King and Watson (1998)

Links:

Andre Kurmann's Teaching Notes and Matlab code