DSGE model on STATA or Dynare

[zakelo]

I seek to stimulate an analytical model that links financial inclusion, financial frictions and economic growth using a DSGE model on STATA. Can anyone help me??? Thanks

[Justin Niakamal]

Perhaps take a look at the examples in the DSGE reference manual.

https://www.stata.com/manuals/dsge.pdf

[zakelo]

I am a PhD student in economics, as part of my PhD I am working on a paper intitled financial inclusion, financial frictions and economic growth. I am currently in the empirical section of my paper where I am trying to calibrate a DSGE model to simulate my analytical model. I find some problems under STATA 15 to parameterize my model.
To have an idea about the purpose of my paper. In the analytical section of my paper I have developed an analytical growth model that integrates the financial sector and includes, the part of individuals who accessed to financial systems, the frictions related to the enforceability of contracts and the constraints associated to the information costs on production processes. Our model considers an economy with three categories of individuals. The first includes those in a situation of financial exclusion (without access to the financial system). The second includes individuals included in the financial system but with constraints due to the costs of collecting information on the quality of projects. Individuals in the third category accessed with less constraint than the second category and more chances that the financial contracts they subscribe would be executed.
firstly I built my analytical model on the basis of preferences (U(c1,c2,c3)=log(c2+phi*c3), Introduction of financial frictions, Technology, Labour force and Return on capital.
In a second step, I calculated the equilibrium of the economy, while calculating the equilibrium for each category (3 categories of the economy) and the growth rate of the economy which is equal to the sum of the growth rates of the three categories.
My objective is to know if the STATA 15 software will allow me to calibrate the parameters of our model, while specifying the values of seven paramètres〖 z〗_i; ϕ_i; R_i; θ; n ̃_i; α_i and r_i for each category i. then, to simulate my model, I have to vary the values of the two parameters that capture the constraints related to the costs of searching for information on production processes z_i and the frictions related to the opposability of contracts (ϕ_i), while specifying the values of the five remaining parameters, which are the rate of return on investment (R_i) considered to be identical for the three categories since they belong to the same economy. These are the share of production going to contractors (θ), the probability of identifying the right production process (n ̃_i), the probability of success of a technology (α_i) and the rate of return on savings (r_i).

[Nick Cox]

#3 is repeated at https://www.statalist.org/forums/for...under-stata-15 If interested, please follow that thread.

@Zakelo: Please don't post the same question more than once.