Nonlinear Rules in DSGE

[ecrgap]

Hi all,

I want to calibrate a DSGE model where the Central Bank uses a threshold interest rate rule (say of TAR form). I guess the model must be simulated in order to generate the IRFs. Is there any sample any model that has done something like that? An example is the paper of Aksoy, Orphanides, Small, Wieland and Wilcox JME 2006. I the code available?

Thanks