Real Business Cycle Model: Competitive Equilibrium

[@JDEconomics]

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.

[@markuschapelle4660]

Great Job! Thanks for the clear explanation. Please keep posting more tutorials! Thanks a lot!

[@JDEconomics]

Great to hear so! Regards, JD

[@alunevans2377]

Excellent revision video. Only thing I'd say, we cannot see a productivity shock until analyse the actual data

[@JDEconomics]

Thanks!

[@solomonyemidi3203]

thanks for sharing

[@JDEconomics]

Thanks for watching!

[@tasospetridis872]

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?

[@yamashitakunichiha2908]

thx this video is super useful for dsge beginners and do keep going I will subscribe and like

[@JDEconomics]

Thanks! You can buy the material if you are interested. Also, please check my website to see all the tutorials: www.jdeconomics.com

[@solomonyemidi3203]

It appears equation for Y(t) has been defined twice while there is no equation defining investment, I(t)

[@JDEconomics]

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

[@nicolaschapelok]

@@JDEconomics Thanks !