Dynare forums

Luca Guerrieri and I have developed a Dynare compatible toolkit to solve models with occasionally binding constraints. The toolkit is available here

http://www2.bc.edu/matteo-iacoviello/research_files/occbin_20130531.zip

from my research webpage which is http://www2.bc.edu/matteo-iacoviello/research.htm

and contains extensive documentation and several example files, from models with ZLB to models with borrowing constraints to models with irreversible capital.

The background paper is here

http://www2.bc.edu/matteo-iacoviello/research_files/TOOLKIT_PAPER.pdf

Enjoy and comments welcome.

Matteo Iacoviello

Dear prof Iacoviello,

First of all, excellent work , as always.

I downloaded your toolkit and run same examples, just few remarks.

a)
In the main file setpathdynare4 after

path(dir1,path);
path(dir2,path);

you have also to add
path(dir3,path);
otherwise matlab does not rcognize the toolkit file in his path

b) The toolkit seems to work not only with 4.3.1 dynare version, but also with the 4.3.2 and the 4.3.3 (at least same examples and under a window machine).

I' am excited to further explore the potentiality of your toolbox.
Again , excellent work.

Federico