Model Documentation

Papers Documenting and Using EDO

NOTE: The programs for simulating the EDO model are written for use with the Dynare software package.  The Dynare package can be downloaded without cost at  While Dynare itself is free, it requires the installation of either Matlab or Octave.  Matlab is a commercial product available at 
Octave is free-ware, and is available at

Model disclaimer

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Last Update: March 16, 2017