function [info, oo_, options_, M_] = discretionary_policy(M_, options_, oo_, var_list) % function [info, oo_, options_, M_] = discretionary_policy(M_, options_, oo_, var_list) % INPUTS % - M_ [structure] Matlab's structure describing the model (M_). % - options_ [structure] Matlab's structure describing the current options (options_). % - oo_ [structure] Matlab's structure containing the results (oo_). % - var_list [cell] list of variables % % OUTPUTS % - info [integer] scalar or vector, error code. % - oo_ [structure] Matlab's structure containing the results (oo_). % - options_ [structure] Matlab's structure describing the current options (options_). % - M_ [structure] Matlab's structure describing the model (M_). % Copyright © 2007-2020 Dynare Team % % This file is part of Dynare. % % Dynare is free software: you can redistribute it and/or modify % it under the terms of the GNU General Public License as published by % the Free Software Foundation, either version 3 of the License, or % (at your option) any later version. % % Dynare is distributed in the hope that it will be useful, % but WITHOUT ANY WARRANTY; without even the implied warranty of % MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the % GNU General Public License for more details. % % You should have received a copy of the GNU General Public License % along with Dynare. If not, see . M_=discretionary_policy_initialization(M_,options_); origorder = options_.order; options_.discretionary_policy = 1; options_.order = 1; [info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list); oo_.steady_state = oo_.dr.ys; if ~options_.noprint disp_steady_state(M_,oo_,options_) for i=M_.orig_endo_nbr:M_.endo_nbr if strmatch('mult_', M_.endo_names{i}) fprintf('%s \t\t %g\n', M_.endo_names{i}, oo_.dr.ys(i)); end end end oo_.planner_objective_value = evaluate_planner_objective(M_,options_,oo_); options_.order = origorder;