Dynare 4.2.3 and means in second order approximations

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Dynare 4.2.3 and means in second order approximations

Postby fpalomi » Thu Dec 01, 2011 12:43 am

I'm obtaining theoretical first moments with Dynare 4.2.3 that are different from those under 4.2.1 and 4.2.2. when solving models with second order approximations. Is this a bug of Dynare 4.2.3? The second moments are the same under the three versions of Dynare.

Thanks.
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Re: Dynare 4.2.3 and means in second order approximations

Postby SébastienVillemot » Thu Dec 01, 2011 4:30 pm

We have found a serious bug in the 2nd order code of Dynare 4.2.3. We are going to release a new version of Dynare very soon. For the moment, stick to 4.2.2.
Sébastien Villemot
Economist at OFCE – Sciences Po
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