An interactive Mickey Mouse RBC model
An interactive tool to visualize the impulse response functions (IRF) and stochastic simulations of a ``mickey mouse” RBC model.
Live version: https://thanhqtran.shinyapps.io/rbc_demo/
Here, you can play with a variety of parameters and see how the steady state and IRFs change.
The solution technique is the Method of Undetermined Coefficients (Christiano, 2002), which was demonstrated beautifully in chapter 6 of McCandless (2008).
Written on July 14, 2025