Dynare forums

... - order 1 Computing dynamic model derivatives: - order 1 - order 2 Processing outputs ...done Preprocessing completed. Starting MATLAB/Octave computing. STEADY-STATE RESULTS: c 0.326759 r_f 0.01375 w 1.71365 v 0.0578358 l 0.200324 k 3.19604 i 0.079901 y 0.528131 a 1 b 0.85125 d 0.301034 ...

... it should be different but something might have gone wrong. I would appreciate if you can send me all outputs and graphs estimated with Matlab or Octave.

It seems there is no reason to worry. Octave seems to have a hard time computing the moments of the prior distribution specified, but finally succeeds. After that, everything runs as expected-

I am using Dynare 4.4.3 and Octave 3.8.2.....
Thanks.

I was unable to replicate any problems with Matlab. I will have to try it with Octave. Which Dynare version are you using?

... - order 1 Computing dynamic model derivatives: - order 1 - order 2 Processing outputs ...done Preprocessing completed. Starting MATLAB/Octave computing. Residuals of the static equations: Equation number 1 : 0 Equation number 2 : 0 Equation number 3 : 0 Equation number 4 : 0 Equation ...

... - order 1 Computing dynamic model derivatives: - order 1 - order 2 Processing outputs ...done Preprocessing completed. Starting MATLAB/Octave computing. STEADY-STATE RESULTS: y_os 0 mc_os 0 ppi_os 0 r_os 0 a_os 0 a 0 ygap 0 ppi_h 0 rnat 0 r 0 y 0 yflex 0 ppi 0 s 0 q 0 e 0 p_h 0 cpi_level ...

Using Dynare 4.4.3 and Octave 3.8.2 versions now. It seems that errors has something to do in part with GNU GUI.. If I add graphics_toolkit("gnuplot"); then more graphs come out but a long warning message show up like below ...

... ERROR. 0 ERROR MESSAGE SUMMARY LIBRARY SUBROUTINE MESSAGE START NERR LEVEL COUNT SLATEC D9LGIT NO CONVERGENCE IN 20 3 2 8 error: Due to a bug in Octave, you must choose other values for mean and/or variance of your prior on psi, or use another shape error: called from: error: h:\dynare\4.4.3\matlab\draw_prior_density.m ...

You can use any software you like that features these filters, but most people rely on Matlab or Octave.

... - order 1 Computing dynamic model derivatives: - order 1 - order 2 Processing outputs ...done Preprocessing completed. Starting MATLAB/Octave computing. parse error near line 225 of file c:\dynare\work\essai20mars.m syntax error >>> end; ^ error: called from: error: c:\dynare\4.4.3\matlab\dynare.m ...

You estimate sigma-parameters that are not in the model and your inflation rate has a strong seasonal pattern. Moreover, your observation equation seems to be wrong, perhaps by a factor of 100. See Pfeifer(2013): "A Guide to Specifying Observation Equations for the Estimation of DSGE Models&quo...

Thanks for the advice.
i´ve got it running now.

Unfortunately, the smoothed variables it gives me are not at all satisfying... output gap always negative around -0.2.

I attach my model and data file here.


i´m thankful for any advice.

I wouldn't attempt to recompile Octave from source and use provided the package by Ubuntu. If your server doesn't have disk space large enough to install the package, it is simply not suited for your purpose. It would be very difficult to ...

What exactly are you looking for. Dynare saves all results in the oo_ structure in the workspace. Which fields contain which results is documented in the manual. It seems you are looking for the smoother results. The structures created by Dynare are subsequently stored in the _results.mat file on yo...