Questions tagged [dynare]
Dynare is a software for handling a wide array of economic models, with specific focus on dynamic stochastic general equilibrium (DSGE) and overlapping generations (OLG) models
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New Keynesian DSGE - Dynare
I have a question about solving New Keynesian models, particularly on Dynare. In some textbooks, I have seen that they log-linearize basic NK models and arrive at 3 equations, such as Phillips and IS ...
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Search and Matching model Endogenous separation Walsh (2003)
I am trying to replicate the Search and Matching model Walsh (2003) https://escholarship.org/content/qt6tg550dv/qt6tg550dv.pdf
I am struggling with the aggregate output of the wholesale sector (...
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Help me understand the shock process in this DSGE model
I'm looking at the model proposed in Hansen2020.
The not linearized model features a shock equation looking like this:
$A_t = \bar{A}*e^{\epsilon_t}$ , where $\bar{A}$ is the steady state of $A_t$ and ...
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Monthly vs quarterly calibration of models
I'm struggling with moving from a quarterly calibration of a baseline NK model to the corresponding monthly calibration, so that IRFs give the same results with the appropriate timing.
What are the ...
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Solving Rational Expectation Models Linear vs. Nonlinear
Since I am coding some linear New Keynesian models in python and solving them under rational expectations (using the method of undetermined coefficients/linear time iteration), I was wondering whether ...
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Generalized method of moments in Dynare
I am new to dynare. I am trying to replicate the calibration of the paper 'Structural transformation and aggregate productivity' by Margarida Duarte and Diego Restuccia. (Picture attached)
In this ...
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Consumption smoothing in RBC Model
I have the following inter temporal utility function:
$U(t)=(\frac{s(t)}{1-\sigma})(c_t/c_{t-1}^\gamma)^{(1-\sigma)} - \chi*h(t)$
where $h(t)$ is the hours worked.
I know that gamma is responsible ...
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Running Dynare from Matlab
I am new to Dynare++ and I have really quick question I cannot seem to find the answer too.
What is the difference between these two commands and why is the output different?
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Solving rational expectations model - Sims form
I am trying to solve my first ratex model and make some impulse response functions using Dynare. I am following Leeper (1991). This is what I have done so far:
The utility function is $\log(c_{t})+\...
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How can I calculate with the average of the consumption in an RBC framework?
In the following open-economy RBC model consumption level ($C_t$) is not the most important for the representative households, but the difference of the consumption level and the earlier level of the ...
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Evaluation around steady state for a specific DSGE Model
The following equations are taken from Ravenna, walsh: "Optimal Monetary Policy with Unemployment and Sticky Prices" (2011).
(i)$$\frac{Z_{t}}{\mu_{t}} = w_t + \frac{\kappa}{q_{t}} - (1-\rho)E_{t}(\...
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How call a function outside of .Mod file of Dynare? (using Command Prompt of MATLAB)
How we can call a function (for example dynare_sensitivity();) in command prompt of MATLAB not in .Mod file of Dynare? I can see ...
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DSGE models (Dynare) are only based on simulations and approximations? (without data)
I'm beginner in DSGE models. Are they only based on simulations and approximations? Don't we have any real data-sets (for example interest rate, labor force, etc) ...
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What resources are available for learning Dynare?
What resources are available for learning Dynare? I think it'd be nice to put together a list of resources that available to those new to Dynare. I've had a little experience with it but it'd be nice ...
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Can Dynare solve general equilibrium (GE) models with non-convex adjustment costs?
I know that Dynare (which sits on top of Matlab) can solve many kinds of dynamic stochastic general equilibrium (DSGE) and overlapping generations (OLG) models. I also know that Dynare can handle some ...
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