Smets Wouters (2007) code in Dynare 4.1
Posted: Sun Mar 28, 2010 1:33 am
I am trying to run the Smets-Wouters (2007) code in Dynare 4.1 but with no success as it appears to have been written for an earlier version.
I was able to make my way around the first error by replacing
with
but now the code thinks that these parameters are in fact equations and I receive the error:
I would greatly appreciate your help in this. I have attached all the code files.
I was able to make my way around the first error by replacing
- Code: Select all
#usmodel_stst;
with
- Code: Select all
@#include "usmodel_stst.m"
but now the code thinks that these parameters are in fact equations and I receive the error:
ERROR: There are 58 equations but 40 endogenous variables!
I would greatly appreciate your help in this. I have attached all the code files.