Extended Path does not generate new series of shocks

[Simon]

Dear all,

i need to run several simulations using extended path, and I want to use a new series of exogenous shocks for every simulation. Sadly, dynare uses the very same time series for exogenous variables every time i run the simulation. I tried to clean the entire workspace after every run, but this does not help.

How could I convince dynare to draw new shocks for a new run of extended path? Every help is much appreciated.

Many greetings from Berlin,
Simon

[jpfeifer]

That is because Dynare sets a seed everytime you run it in order to make the results replicable across runs and machines. To get rid of this, use the

Code: Select all

set_dynare_seed

command (see the manual)

[Simon]

thank you! This was of great help!
Simon