From caff366d36f3f8a834f2e000772bb5880e58da4e Mon Sep 17 00:00:00 2001 From: Gregor Boehl Date: Tue, 10 Dec 2024 07:20:44 +0100 Subject: [PATCH] unset DNWR by default --- econpizza/examples/dsge.yml | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/econpizza/examples/dsge.yml b/econpizza/examples/dsge.yml index 1f946bc..3ab3614 100644 --- a/econpizza/examples/dsge.yml +++ b/econpizza/examples/dsge.yml @@ -76,7 +76,7 @@ steady_state: rho: 0.8 # persistence in (notional) nominal interest rate omega_p: 0.44 # coefficient on steady state inflation in price indexation omega_w: 0.66 # coefficient on steady state wage inflation in wage indexation - iota_w: 1 # degree of dowards nominal wage rigidity + iota_w: 0 # degree of dowards nominal wage rigidity elb: 1 # position of ELB rho_beta: 0.9 # persistence of discount factor shock rho_z: 0.9 # persistence of technology shocks