Dynare Manual

Version 4.0.3 (draft)

Stéphane Adjemian

Université du Mans et CEPREMAP

Michel Juillard

Banque de France and CEPREMAP

Ferhat Mihoubi

Université d'Évry and CEPREMAP

George Perendia

CEPREMAP

Sébastien Villemot

Banque de France and CEPREMAP

Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.3 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts.

A copy of the license can be found at: http://www.gnu.org/licenses/fdl.txt


Table of Contents

1. Introduction
1. What is Dynare ?
2. Installation and configuration
1. Software requirements
2. Installation of GNU Octave
3. Installation of Dynare
3.1. On Windows®
3.2. On Debian GNU/Linux and Ubuntu
3.3. For other systems
4. Configuration
4.1. For Matlab®
4.2. For GNU Octave
4.3. Some words of warning
3. Dynare invocation
dynare — executes Dynare
4. The Model file
1. Variable declarations
2. Expressions
2.1. Parameters and variables
2.2. Operators
2.3. Functions
3. Parameter initialization
4. Model declaration
5. Initial and terminal conditions
6. Shocks on exogenous variables
7. Other general declarations
8. Solving and simulating
9. Estimation
10. Optimal policy
11. Sensitivity analysis
12. Displaying and saving results
13. Macro-processing language
14. Misc commands
5. Examples
Bibliography
Index

List of Tables

4.1. Content of oo_
4.2. Moments of forecasts
4.3. Moments Names
4.4. Theoretical Moments
4.5. Estimated objects