by olivier » Mon Jun 08, 2015 2:27 pm
Thank you Johannes. We can now simulate the model with the unstable 4.4.4 version with the block option (though it does not converge with the block and bytecode options together).
However, we have another problem. When we take exactly the same OLG model but with a 1-year generation instead of a 5-year generation (basically we multiply the size of the model by 5), we are unable to obtain convergence anymore when simulating the model, whatever algorithm and options (no option/block/bytecode/ block&bytecode).
Would you have some hints? Is the model too large for the dynare solver? Is the model too large for our computer (all CPU is utilized during the simulations)? Are there some tricks we could use as reducting the number of periods? Is there algorithm/options we should prefer? Are the shocks too large (but the shock sizes are the same than in the 5-year version)?
As before, you'll find the mod file and the mat file (containing initial and final steady state values, uploaded by the mod file).
Sorry for these -- very -- general questions but we do not know in which direction we have to go.
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