IRIS vs. Dynare
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Hi there,
I've just recently begun using Matlab and need to install a module for economic modelling, mostly models concerning financial economics.
I understand that two most popular modules are Dynare and IRIS. Which one of these two options would you recommend to someone who doesn't have a lot of experience with Matlab, but does have experience with economic modelling? Which module is the most intuitive and easy to use? Any other pros & cons?
Thanks for your help!
Kind regards,
Markus
I've just recently begun using Matlab and need to install a module for economic modelling, mostly models concerning financial economics.
I understand that two most popular modules are Dynare and IRIS. Which one of these two options would you recommend to someone who doesn't have a lot of experience with Matlab, but does have experience with economic modelling? Which module is the most intuitive and easy to use? Any other pros & cons?
Thanks for your help!
Kind regards,
Markus