Dynare versions / Steady state results

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Dynare versions / Steady state results

Postby msh855 » Fri Sep 26, 2014 4:43 pm

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
msh855
 
Posts: 39
Joined: Thu Feb 23, 2012 8:32 pm

Re: Dynare versions / Steady state results

Postby jpfeifer » Fri Sep 26, 2014 5:03 pm

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
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
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Location: Cologne, Germany

Re: Dynare versions / Steady state results

Postby msh855 » Sat Sep 27, 2014 10:20 am

It worked with your first suggestion. Thanks
msh855
 
Posts: 39
Joined: Thu Feb 23, 2012 8:32 pm


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