Tema 8

>> addpath c:\dynare\4.6.4\matlab

>> dynare

This is Dynare version 4.6.4.

USAGE: dynare FILENAME[.mod,.dyn] [OPTIONS]

The dynare command executes instruction included in FILENAME.mod.

See the reference manual for the available options.

>> dynare model7a

Using 64-bit preprocessor

Starting Dynare (version 4.6.4).

Calling Dynare with arguments: none

Starting preprocessing of the model file ...

WARNING: model7a.mod:83.1-18: The 'simul' statement is deprecated. Please use

'perfect_foresight_setup' and 'perfect_foresight_solver' instead.

Found 9 equation(s).

Evaluating expressions...done

Computing static model derivatives (order 1).

Computing dynamic model derivatives (order 1).

Processing outputs ...

done

Preprocessing completed.

STEADY-STATE RESULTS:

Y 0.503065

Cp 0.347017
Cg 0.0503065

I 0.105742

K 1.76237

L 0.256122

R 0.0999069

W 1.27671

A 1

EIGENVALUES:

Modulus Real Imaginary

0.8935 0.8935 0

0.95 0.95 0

1.175 1.175 0

3.656e+18 3.656e+18 0

7.076e+18 7.076e+18 0

There are 3 eigenvalue(s) larger than 1 in modulus

for 3 forward-looking variable(s)

The rank condition is verified.

STEADY-STATE RESULTS:

Y 0.508175

Cp 0.340378

Cg 0.060981

I 0.106816

K 1.78027
L 0.258723

R 0.0999069

W 1.27671

A 1

--------------------------------------------------------

MODEL SIMULATION:

Iter: 1, err. = 0.0168267, time = 0.023

Iter: 2, err. = 8.06306e-06, time = 0.002

Total time of simulation: 0.033.

--------------------------------------------------------

Perfect foresight solution found.

Total computing time : 0h00m01s

Note: 1 warning(s) encountered in the preprocessor

>>
Modelo 1

>> addpath c:\dynare\4.6.4\matlab

>> dynare

This is Dynare version 4.6.4.

USAGE: dynare FILENAME[.mod,.dyn] [OPTIONS]

The dynare command executes instruction included in FILENAME.mod.

See the reference manual for the available options.

>> dynare model1

Using 64-bit preprocessor

Starting Dynare (version 4.6.4).

Calling Dynare with arguments: none

Starting preprocessing of the model file ...

Found 8 equation(s).

Evaluating expressions...done

Computing static model derivatives (order 1).

Computing dynamic model derivatives (order 2).

Processing outputs ...

done

Preprocessing completed.

STEADY-STATE RESULTS:

Y 0.744697

C 0.572708

I 0.17199

K 2.86649

L 0.360396

W 1.34312

R 0.0909278

A 1

EIGENVALUES:

Modulus Real Imaginary

0.8866 0.8866 0

0.95 0.95 0

1.163 1.163 0

3.654e+17 3.654e+17 0
There are 2 eigenvalue(s) larger than 1 in modulus

for 2 forward-looking variable(s)

The rank condition is verified.

MODEL SUMMARY

Number of variables: 8

Number of stochastic shocks: 1

Number of state variables: 2

Number of jumpers: 2

Number of static variables: 4

MATRIX OF COVARIANCE OF EXOGENOUS SHOCKS

Variables e

e 0.000100

POLICY AND TRANSITION FUNCTIONS

Y C I K L W R A

Constant 0.744720 0.572684 0.172036 2.866541 0.360413

1.343093 0.090931 1.000000

(correction) 0.000022 -0.000024 0.000047 0.000047 0.000017 -

0.000022 0.000003 0

K(-1) 0.055192 0.108550 -0.053358 0.886642 -0.026607

0.198700 -0.024982 0

A(-1) 0.923502 0.310584 0.612918 0.612918 0.160849

1.066152 0.112760 0.950000

e 0.972107 0.326930 0.645177 0.645177 0.169315 1.122265

0.118695 1.000000

K(-1),K(-1) -0.010755 -0.006593 -0.004162 -0.004162 0.003261 -

0.016880 0.007402 0
A(-1),K(-1) 0.103492 0.037612 0.065880 0.065880 0.014220
0.123689 -0.026701 0

A(-1),A(-1) 0.022419 -0.025734 0.048153 0.048153 -0.110384 -

0.024028 0.002737 -0.023750

e,e 0.536477 0.143555 0.392922 0.392922 -0.033195

0.564042 0.065504 0.500000

K(-1),e 0.108939 0.039592 0.069348 0.069348 0.014968

0.130198 -0.028106 0

A(-1),e 1.019306 0.272754 0.746552 0.746552 -0.063071

1.071680 0.124458 0.950000

MOMENTS OF SIMULATED VARIABLES

VARIABLE MEAN STD. DEV. VARIANCE SKEWNESS KURTOSIS

Y 0.731346 0.037014 0.001370 0.384737 0.471473

C 0.562709 0.024726 0.000611 0.397172 0.543601

I 0.168636 0.014465 0.000209 0.180973 0.292552

K 2.806982 0.145057 0.021042 0.426100 0.609367

L 0.360218 0.003138 0.000010 -0.371734 0.599870

W 1.319438 0.060682 0.003682 0.398708 0.523330

R 0.091228 0.002260 0.000005 -0.375107 0.797186

A 0.989366 0.031219 0.000975 0.276122 0.334508

CORRELATION OF SIMULATED VARIABLES

VARIABLE Y C I K L W R A

Y 1.0000 0.9682 0.9039 0.9154 0.5893 0.9882 0.2139 0.9919

C 0.9682 1.0000 0.7681 0.9870 0.3687 0.9951 -0.0370 0.9290

I 0.9039 0.7681 1.0000 0.6553 0.8776 0.8278 0.6105 0.9503

K 0.9154 0.9870 0.6553 1.0000 0.2148 0.9662 -0.1968 0.8574

L 0.5893 0.3687 0.8776 0.2148 1.0000 0.4590 0.9149 0.6864

W 0.9882 0.9951 0.8278 0.9662 0.4590 1.0000 0.0622 0.9611

R 0.2139 -0.0370 0.6105 -0.1968 0.9149 0.0622 1.0000 0.3352

A 0.9919 0.9290 0.9503 0.8574 0.6864 0.9611 0.3352 1.0000

AUTOCORRELATION OF SIMULATED VARIABLES

VARIABLE 1 2 3 4 5

Y 0.9666 0.9314 0.8936 0.8579 0.8245

C 0.9898 0.9759 0.9579 0.9374 0.9150

I 0.9028 0.8092 0.7173 0.6398 0.5760

K 0.9957 0.9870 0.9738 0.9570 0.9372

L 0.8469 0.7027 0.5634 0.4518 0.3634

W 0.9826 0.9620 0.9378 0.9126 0.8867

R 0.8479 0.7047 0.5674 0.4581 0.3713

A 0.9498 0.8993 0.8474 0.8011 0.7600

Total computing time : 0h00m03s

>>