parent 42a2791e
 /* * Example 1 from F. Collard (2001): "Stochastic simulations with DYNARE: * A practical guide" (see "guide.pdf" in the documentation directory). */ /* * Copyright (C) 2001-2010 Dynare Team * * This file is part of Dynare. * * Dynare is free software: you can redistribute it and/or modify * it under the terms of the GNU General Public License as published by * the Free Software Foundation, either version 3 of the License, or * (at your option) any later version. * * Dynare is distributed in the hope that it will be useful, * but WITHOUT ANY WARRANTY; without even the implied warranty of * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the * GNU General Public License for more details. * * You should have received a copy of the GNU General Public License * along with Dynare. If not, see . */ var y, c, k, a, h, b; varexo e, u; parameters beta, rho, alpha, delta, theta, psi, tau; alpha = 0.36; rho = 0.95; tau = 0.025; beta = 0.99; delta = 0.025; psi = 0; theta = 2.95; phi = 0.1; model; c*theta*h^(1+psi)=(1-alpha)*y; k = beta*(((exp(b)*c)/(exp(b(+1))*c(+1))) *(exp(b(+1))*alpha*y(+1)+(1-delta)*k)); y = exp(a)*(k(-1)^alpha)*(h^(1-alpha)); k = exp(b)*(y-c)+(1-delta)*k(-1); a = rho*a(-1)+tau*b(-1) + e; b = tau*a(-1)+rho*b(-1) + u; end; initval; y = 1.08068253095672; c = 0.80359242014163; h = 0.29175631001732; k = 11.08360443260358; a = 0; b = 0; e = 0; u = 0; end; shocks; var e; stderr 0.009; var u; stderr 0.009; var e, u = phi*0.009*0.009; end; stoch_simul;
 /* * Example 2 from F. Collard (2001): "Stochastic simulations with DYNARE: * A practical guide" (see "guide.pdf" in the documentation directory). */ /* * Copyright (C) 2001-2010 Dynare Team * * This file is part of Dynare. * * Dynare is free software: you can redistribute it and/or modify * it under the terms of the GNU General Public License as published by * the Free Software Foundation, either version 3 of the License, or * (at your option) any later version. * * Dynare is distributed in the hope that it will be useful, * but WITHOUT ANY WARRANTY; without even the implied warranty of * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the * GNU General Public License for more details. * * You should have received a copy of the GNU General Public License * along with Dynare. If not, see . */ var y, c, k, a, h, b; varexo e, u; parameters beta, rho, alpha, delta, theta, psi, tau; alpha = 0.36; rho = 0.95; tau = 0.025; beta = 0.99; delta = 0.025; psi = 0; theta = 2.95; model; exp(c)*theta*exp(h)^(1+psi)=(1-alpha)*exp(y); exp(k) = beta*(((exp(b)*exp(c))/(exp(b(+1))*exp(c(+1)))) *(exp(b(+1))*alpha*exp(y(+1))+(1-delta)*exp(k))); exp(y) = exp(a)*(exp(k(-1))^alpha)*(exp(h)^(1-alpha)); exp(k) = exp(b)*(exp(y)-exp(c))+(1-delta)*exp(k(-1)); a = rho*a(-1)+tau*b(-1) + e; b = tau*a(-1)+rho*b(-1) + u; end; initval; y = 0.1; c = -0.2; h = -1.2; k = 2.4; a = 0; b = 0; e = 0; u = 0; end; steady; shocks; var e = 0.009^2; var u = 0.009^2; end; stoch_simul(periods=2000, drop=200);
 ... ... @@ -121,13 +121,13 @@ A set of routines that solve models with occasionally binding constraints using # Tutorial Learn how to perform a stochastic simulation of a small model with Dynare in ten minutes!