Tutorial Appendix - A description of all DSGE model templatesΒΆ

Introduction

This section is all about the DSGE model template files which come supplied with the standard installation of the PyMacLab library. In particular, each DSGE model template file will be discussed in detail with full algebraic derivations and bibliographic references to corresponding papers wherever appropriate.

The DSGE models

RBC without labour
This section discusses in detail the standard canonical RBC model without a labour-leisure choice.
RBC with labour
This section discusses in detail a simple RBC model possessing both physical capital and a labour-leisure choice.
MBC with labour
This section discussed the details of a cash-in-advance model featuring both physical capital and a labour-leisure choice.

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