/* Check that Dynare++ and Dynare with k_order_solver give the same result (see fs2000k++.mod for the Dynare++ mod file) */ var m m_1 P P_1 c e W R k d n l gy_obs gp_obs y dA; varexo e_a e_m; parameters alp bet gam mst rho psi del; alp = 0.33; bet = 0.99; gam = 0.003; mst = 1.011; rho = 0.7; psi = 0.787; del = 0.02; gst = 1/exp(gam); khst = ( (1-gst*bet*(1-del)) / (alp*gst^alp*bet) )^(1/(alp-1)); xist = ( ((khst*gst)^alp - (1-gst*(1-del))*khst)/mst )^(-1); nust = psi*mst^2/( (1-alp)*(1-psi)*bet*gst^alp*khst^alp ); model(use_dll); dA = exp(gam+e_a); log(m) = (1-rho)*log(mst) + rho*log(m_1(-1))+e_m; -P/(c(+1)*P(+1)*m)+bet*P(+1)*(alp*exp(-alp*(gam+log(e(+1))))*k^(alp-1)*n(+1)^(1-alp)+(1-del)*exp(-(gam+log(e(+1)))))/(c(+2)*P(+2)*m(+1))=0; W = l/n; -(psi/(1-psi))*(c*P/(1-n))+l/n = 0; R = P*(1-alp)*exp(-alp*(gam+e_a))*k(-1)^alp*n^(-alp)/W; 1/(c*P)-bet*P*(1-alp)*exp(-alp*(gam+e_a))*k(-1)^alp*n^(1-alp)/(m*l*c(+1)*P(+1)) = 0; c+k = exp(-alp*(gam+e_a))*k(-1)^alp*n^(1-alp)+(1-del)*exp(-(gam+e_a))*k(-1); P*c = m; m-1+d = l; e = exp(e_a); y = k(-1)^alp*n^(1-alp)*exp(-alp*(gam+e_a)); gy_obs = dA*y/y(-1); gp_obs = (P/P_1(-1))*m_1(-1)/dA; m_1 = m; P_1 = P; end; initval; dA = exp(gam); m = mst; m_1=mst; n = xist/(nust+xist); P = xist + nust; k = khst*n; l = psi*mst*n/( (1-psi)*(1-n) ); c = mst/P; d = l - mst + 1; y = k^alp*n^(1-alp)*gst^alp; R = mst/bet; W = l/n; e = 1; gp_obs = m/dA; gy_obs = dA; P_1 = P; m_1 = m; end; shocks; var e_a; stderr 0.014; var e_m; stderr 0.005; end; steady; stoch_simul(order=3,irf=100); if ~exist('fs2000k++.mat','file'); error('fs2000k++ must be run first'); end; oo1 = load('fs2000k++'); kk=[]; for i=1:M_.orig_endo_nbr; kk(i) = strmatch(M_.endo_names{oo_.dr.order_var(i)},oo1.dyn_vars,'exact'); end kk(17) = 17; if max(max(abs(oo_.dr.g_3-oo1.dyn_g_3(kk,:)))) < 1e-12; disp('OK'); else; error('comparing 3rd order with dynare++ fails'); end;