Hi all,
I have a problem with simulating my model. The dynare (3) successfully finds the steady state, however, only by using the solve_algo=3. The simulation of transferring from one steady state to the other is not successful:
(Warning: Matrix is close to singular or badly scaled.
Results may be inaccurate. RCOND = 1.001041e-017.).
Could it be a problem with the solve algorithm it uses? Can I change it?
Many thanks in advance
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Re: Solve algorithm
by StephaneAdjemian » Sat Mar 14, 2009 1:07 pm
Hi,
Did you try with Dynare version 4? Also with Dynare version 4 there is another algorithm described on our wiki:
http://www.dynare.org/DynareWiki/FastDeterministicSimulation
Best, Stéphane.
Did you try with Dynare version 4? Also with Dynare version 4 there is another algorithm described on our wiki:
http://www.dynare.org/DynareWiki/FastDeterministicSimulation
Best, Stéphane.
nz wrote:Hi all,
I have a problem with simulating my model. The dynare (3) successfully finds the steady state, however, only by using the solve_algo=3. The simulation of transferring from one steady state to the other is not successful:
(Warning: Matrix is close to singular or badly scaled.
Results may be inaccurate. RCOND = 1.001041e-017.).
Could it be a problem with the solve algorithm it uses? Can I change it?
Many thanks in advance
- StephaneAdjemian
- Posts: 429
- Joined: Wed Jan 05, 2005 4:24 pm
- Location: Paris, France.
2 posts
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