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Please show how one would solve 2a) using R studio codes. Please be as thorough as possible when providing the codes. I am struggling to

Please show how one would solve 2a) using R studio codes. Please be as thorough as possible when providing the codes. I am struggling to know if I am getting the right answers when doing it and never seem to get all the values necessary to answer the question. Please dont use Chatgpt.

Parameter values for Q2

sfcr_set( BLs_bar ~ 2,

G ~ 25,

rb ~ 0.03,

rh ~ 0,

e_pbl ~ 0,

theta ~ 0.20,

alpha1 ~ 0.75,

alpha2 ~ 0.25,

lambda20 ~ 0.45,

lambda21 ~ -0.4,

lambda23 ~ -0.8,

lambda24 ~ -0.04,

lambda30 ~ 0.42,

lambda31 ~ -0.6,

lambda34 ~ -0.06,

chi ~ 0.5 )

image text in transcribedimage text in transcribed
\fThe redundant equation is again he = ha. In this model, the government issues a xed and exogenous number of long term bonds 315;. The variable emu is an exogenous shock on the expected price of the long term bond. r,\" is the interest rate paid by the central bank on money. \"We know it is possible to represent the demand for assets in matrix form as he; Am Am A12 Are We: 5d; A251 u+ Age A22 A13 115,: 1': bL,t'BLd.t $3.0 12:1 A32 12,3 REL: \\._l 1: Ar: + Ag yd\"; A.\" The le pammetresjrt includes the value of the parameters and exogenous variables for this model. However, certain parameters are missing. 2a} Considering what you know about the equations for the demand for various nancial assets: and assuming that the matrix is symmetric, nd the value of all the missing parameters AM, even if you do not use them directl},f so simulate the model

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