diff --git a/examples/dynare++/README.txt b/examples/dynare++/README.txt deleted file mode 100644 index a226b986c2f74efab242d620ed4531349b5683aa..0000000000000000000000000000000000000000 --- a/examples/dynare++/README.txt +++ /dev/null @@ -1,6 +0,0 @@ -Assuming that the dynare++ binary is in your PATH, you can run the example by using the following command -in a Command Prompt Window: - -... > dynare++ example1.mod - -Please, read the manual (doc\dynare++\dynare++-tutorial.pdf) for a description of the generated output. diff --git a/examples/dynare++/example1.mod b/examples/dynare++/example1.mod deleted file mode 100644 index b60885026e6e6a50f1dfe4486cf1e8d6c0d9eb5f..0000000000000000000000000000000000000000 --- a/examples/dynare++/example1.mod +++ /dev/null @@ -1,45 +0,0 @@ -/* - * This Dynare++ mod-file implements the RBC model with time-to-build - * described in Kamenik (2011): "DSGE Models with Dynare++. A Tutorial." - * Note that Dynare++ uses the same stock-at-the-end-of-period timing convention - * as the regular Dynare -*/ - -var Y, C, K, A, H, B; - -varexo EPS, NU; - -parameters beta, rho, alpha, delta, theta, psi, tau; - -alpha = 0.36; -rho = 0.95; -tau = 0.025; -beta = 1/(1.03^0.25); -delta = 0.025; -psi = 0; -theta = 2.95; - -model; - C*theta*H^(1+psi) = (1-alpha)*Y; - beta*exp(B)*C/exp(B(1))/C(1)* - (exp(B(1))*alpha*Y(1)/K(1)+1-delta) = 1; - Y = exp(A)*K^alpha*H^(1-alpha); - K = exp(B(-1))*(Y(-1)-C(-1)) + (1-delta)*K(-1); - A = rho*A(-1) + tau*B(-1) + EPS; - B = tau*A(-1) + rho*B(-1) + NU; -end; - -initval; - A = 0; - B = 0; - H = ((1-alpha)/(theta*(1-(delta*alpha)/(1/beta-1+delta))))^(1/(1+psi)); - Y = (alpha/(1/beta-1+delta))^(alpha/(1-alpha))*H; - K = alpha/(1/beta-1+delta)*Y; - C = Y - delta*K; -end; - -vcov = [0.0002 0.00005; -0.00005 0.0001 -]; - -order = 7; \ No newline at end of file