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The detection of the target EC variable to be used when constructing the forward-looking expectation variable is rather fragile. When the PAC model is written with an (non-)optimizing share of agents, restrict the identification of the target variable to the optimizing expression, to minimize the risk of wrong identification. By the way, add a few comments, and a small simplification. |
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m4 | ||
src | ||
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Makefile.am | ||
README.md | ||
configure.ac |
README.md
Dynare Preprocessor
The Dynare Preprocessor defines the Dynare model language. It takes in a .mod
file, computes the derivatives of the model represented therein, and produces
MATLAB/Octave, C, Julia, or JSON output.
There is more to come here. For the moment, see the Dynare repository
License
Most of the source files are covered by the GNU General Public Licence version 3 or later. There are some exceptions. See license.txt for specifics.