Decimal precision
Posted: Thu Dec 19, 2013 11:43 am
Dear all,
I have a, hopefully, pretty simple question. I have a parameter very close to zero (10^-6) and I'm trying to see how making it smaller and smaller affects the results of my model. However, changing its value to, for example, 10^-8, I obtain the same exact solution. This shouldn't be happening, so I suppose that this results from the way Dynare considers such values, i.e. that after "x" decimal digits my variable is approximated to zero. Is this the case? If yes, is there a way to go around it?
Thank you in advance.
I have a, hopefully, pretty simple question. I have a parameter very close to zero (10^-6) and I'm trying to see how making it smaller and smaller affects the results of my model. However, changing its value to, for example, 10^-8, I obtain the same exact solution. This shouldn't be happening, so I suppose that this results from the way Dynare considers such values, i.e. that after "x" decimal digits my variable is approximated to zero. Is this the case? If yes, is there a way to go around it?
Thank you in advance.