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Dynare versions / Steady state results

PostPosted: Fri Sep 26, 2014 4:43 pm
by msh855
Hi,

I just installed the dynare 4.4.3 version, while previously was working with the 4.3.2 verison. I only had to use dynare in order to calculate the steady state of my model.
However, between the old version and the new version there are some differences in the steady state values but the most important thing is for some specific parameters while the old version can find and calculate the steady state, the new version cannot. In both cases, I use the default options for calculating the steady state.

Which version do you recommend to use, and what else I should try ?

Thanks

Re: Dynare versions / Steady state results

PostPosted: Fri Sep 26, 2014 5:03 pm
by jpfeifer
Use the new version. First, try using a higher maxit, e.g.
Code: Select all
steady(solve_algo=4,maxit=1000)

If that does not work, try e.g.
Code: Select all
solve_algo=2

If you still fail, send me the mod-file

Re: Dynare versions / Steady state results

PostPosted: Sat Sep 27, 2014 10:20 am
by msh855
It worked with your first suggestion. Thanks