# Macroeconomic Model Data Base **URL:** https://forum.dynare.org/c/generalmodeling/mmb/28.md [Latest](https://forum.dynare.org/latest.md) · [Categories](https://forum.dynare.org/categories.md) --- ## [About the Macroeconomic Model Data Base category](https://forum.dynare.org/t/about-the-macroeconomic-model-data-base-category/10504)
**Author:** [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\ **Replies:** 0
Questions related to the Macroeconomic Model Data Base (http://www.macromodelbase.com/) --- ## [Bayesian Estimation of Forward Guidance Shock](https://forum.dynare.org/t/bayesian-estimation-of-forward-guidance-shock/27401)
**Author:** [@Azoleta1](https://forum.dynare.org/u/Azoleta1)\ **Replies:** 4\ **Last updated:** [7 April 2025 08:34 UTC](https://forum.dynare.org/t/bayesian-estimation-of-forward-guidance-shock/27401 "2025-04-07T08:34:24Z")
Dear All I have the following Equation in my paper using 3 Equation NK model. My question is on my model which the have the EM economies, being hit by forward guidance shock from the US. Is it OK to used the forward gui… --- ## [Tax series and observation equations](https://forum.dynare.org/t/tax-series-and-observation-equations/26412)
**Author:** [@mariale](https://forum.dynare.org/u/mariale)\ **Replies:** 1\ **Last updated:** [13 September 2024 17:17 UTC](https://forum.dynare.org/t/tax-series-and-observation-equations/26412 "2024-09-13T17:17:32Z")
I have constructed the tax series {\\tau\_t^c} and {\\tau\_t^l} for US economy. My model is standard NK DSGE and it is entered in Dynare in nonlinear fashion with {\\exp{}}, including these two taxes: {\\exp{\\tau\_t^c}}, {\\exp{… --- ## [Macroeconomics model rank conditions ISN´T VERIFIED](https://forum.dynare.org/t/macroeconomics-model-rank-conditions-isn-t-verified/25190)
**Author:** [@Franz](https://forum.dynare.org/u/Franz)\ **Replies:** 1\ **Last updated:** [19 February 2024 08:29 UTC](https://forum.dynare.org/t/macroeconomics-model-rank-conditions-isn-t-verified/25190 "2024-02-19T08:29:47Z")
Good day everyone! I am making a new Keynesian model with goverment spending and I set eight equations to solve for steady state in octave with dynare but it seems there are redundancy Any one can help me? Thanks!! N… --- ## [Practice for DSGE](https://forum.dynare.org/t/practice-for-dsge/24789)
**Author:** [@burakbuyun](https://forum.dynare.org/u/burakbuyun)\ **Replies:** 7\ **Last updated:** [8 January 2024 08:12 UTC](https://forum.dynare.org/t/practice-for-dsge/24789 "2024-01-08T08:12:06Z")
Is there anyone who has the exapmle which ı can make practice dsge model solving in dynare with real data? After I have solved model, ı need to check from the example . If the example include financial friction, it wold … --- ## [Error on simulation of Gertler and Karadi (2011) model](https://forum.dynare.org/t/error-on-simulation-of-gertler-and-karadi-2011-model/24895)
**Author:** [@mfonseca](https://forum.dynare.org/u/mfonseca)\ **Replies:** 1\ **Last updated:** [3 January 2024 21:09 UTC](https://forum.dynare.org/t/error-on-simulation-of-gertler-and-karadi-2011-model/24895 "2024-01-03T21:09:34Z")
I’m trying to run the code for GK11 model from the Macroeconomic Model Database, but I’m bumping into this error: “NK\_GK11\_rep\_steadystate: function called with too many inputs”. How do I fix this? (.mod and steadysta… --- ## [Info script about paper](https://forum.dynare.org/t/info-script-about-paper/22847)
**Author:** [@alex22](https://forum.dynare.org/u/alex22)\ **Replies:** 2\ **Last updated:** [8 August 2023 08:46 UTC](https://forum.dynare.org/t/info-script-about-paper/22847 "2023-08-08T08:46:49Z")
hello everyone, I’m looking for a script related to this paper “Energy Price Shocks and Financial Market Integration: Evidence from New Keynesian Model”, can someone help me, can you tell me if and where it is possible … --- ## [Evaluate the impact of the Ukraine-Russia](https://forum.dynare.org/t/evaluate-the-impact-of-the-ukraine-russia/21702)
**Author:** [@hicham](https://forum.dynare.org/u/hicham)\ **Replies:** 3\ **Last updated:** [3 January 2023 14:51 UTC](https://forum.dynare.org/t/evaluate-the-impact-of-the-ukraine-russia/21702 "2023-01-03T14:51:36Z")
hello to all I need a Code dynare are to evaluate the impact of the Ukraine-Russia war on the economy and fiscal imbalance… --- ## [TANK model. Dynare: preprocessing failed](https://forum.dynare.org/t/tank-model-dynare-preprocessing-failed/21435)
**Author:** [@TuyenTran\_NUIG](https://forum.dynare.org/u/TuyenTran_NUIG)\ **Replies:** 5\ **Last updated:** [15 November 2022 13:31 UTC](https://forum.dynare.org/t/tank-model-dynare-preprocessing-failed/21435 "2022-11-15T13:31:39Z")
Hi everyone, I’m working on the TANK model and just drafted a mod file for simulation in Dynare; I got the following error when trying to run it. "ERROR: Could not open file: nana1.mod Error using dynare (line 269) D… --- ## [Blanchard-Khan Condition is verified](https://forum.dynare.org/t/blanchard-khan-condition-is-verified/21278)
**Author:** [@guidoardizzone96](https://forum.dynare.org/u/guidoardizzone96)\ **Replies:** 3\ **Last updated:** [24 October 2022 15:50 UTC](https://forum.dynare.org/t/blanchard-khan-condition-is-verified/21278 "2022-10-24T15:50:10Z")
Hi all, I have a problem with this model where I get the following error There are 15 eigenvalue(s) larger than 1 in modulus for 15 forward-looking variable(s) The rank condition is verified. You did not declare endo… --- ## [New version (1.2) of the Macroeconomics Model Database](https://forum.dynare.org/t/new-version-1-2-of-the-macroeconomics-model-database/2152)
**Author:** [@MichelJuillard](https://forum.dynare.org/u/MichelJuillard)\ **Replies:** 4\ **Last updated:** [19 September 2022 07:02 UTC](https://forum.dynare.org/t/new-version-1-2-of-the-macroeconomics-model-database/2152 "2022-09-19T07:02:54Z")
We would like to draw your attention to the new release of the Macroeconomic Model Database, version 1.2. The Modelbase software can be downloaded together with a comprehensive list of all models from our website macrom… --- ## [DSGE model with currency demonetization model](https://forum.dynare.org/t/dsge-model-with-currency-demonetization-model/20944)
**Author:** [@Sarra](https://forum.dynare.org/u/Sarra)\ **Replies:** 0\ **Last updated:** [24 August 2022 14:48 UTC](https://forum.dynare.org/t/dsge-model-with-currency-demonetization-model/20944 "2022-08-24T14:48:37Z")
Hello Dynare team, I hope that you are doing well :hugs: Well, I’m looking for a Matlab Dynare model with money demonetization or an article that uses demonetization with a simple DSGE model for my research. I will too… --- ## [Log-linearization of Habit Persistence Preferences in a DSGE Model](https://forum.dynare.org/t/log-linearization-of-habit-persistence-preferences-in-a-dsge-model/11686)
**Author:** [@Cybueh](https://forum.dynare.org/u/Cybueh)\ **Replies:** 3\ **Last updated:** [26 July 2022 09:11 UTC](https://forum.dynare.org/t/log-linearization-of-habit-persistence-preferences-in-a-dsge-model/11686 "2022-07-26T09:11:13Z")
Hi there, I’m building my own DSGE model with habit persistence preferences. After evaluation of the steady state, I now want to log-linearize the FOCs (in particular the Euler equation and the labor-supply equation). \[… --- ## [Measures of welfare gains/losses](https://forum.dynare.org/t/measures-of-welfare-gains-losses/17425)
**Author:** [@dacorb](https://forum.dynare.org/u/dacorb)\ **Replies:** 29\ **Last updated:** [13 June 2022 15:19 UTC](https://forum.dynare.org/t/measures-of-welfare-gains-losses/17425 "2022-06-13T15:19:07Z")
Good evening everyone, I wanted to know how one computes the welfare gains and losses between two dates in a perfect foresight simulation. Should I compute the difference between the two utilities from the two dates ? T… --- ## [Soe RBC model matlab](https://forum.dynare.org/t/soe-rbc-model-matlab/20514)
**Author:** [@Ann222](https://forum.dynare.org/u/Ann222)\ **Replies:** 1\ **Last updated:** [10 June 2022 07:20 UTC](https://forum.dynare.org/t/soe-rbc-model-matlab/20514 "2022-06-10T07:20:27Z")
--- ## [RBC model with GHH preferences](https://forum.dynare.org/t/rbc-model-with-ghh-preferences/20513)
**Author:** [@Ann222](https://forum.dynare.org/u/Ann222)\ **Replies:** 1\ **Last updated:** [10 June 2022 07:20 UTC](https://forum.dynare.org/t/rbc-model-with-ghh-preferences/20513 "2022-06-10T07:20:16Z")
--- ## [Can I run a rational inattention DSGE model with Dynare?](https://forum.dynare.org/t/can-i-run-a-rational-inattention-dsge-model-with-dynare/19960)
**Author:** [@Nancy1](https://forum.dynare.org/u/Nancy1)\ **Replies:** 7\ **Last updated:** [31 March 2022 13:29 UTC](https://forum.dynare.org/t/can-i-run-a-rational-inattention-dsge-model-with-dynare/19960 "2022-03-31T13:29:31Z")
Hi, I am new to dynare and wonder if I can run a rational inattention model with Dynare. DSGE model basically assumes full-information rational-expectations but I want to introduce rational inattention with information … --- ## [Nan in steady state](https://forum.dynare.org/t/nan-in-steady-state/19921)
**Author:** [@steve\_1983](https://forum.dynare.org/u/steve_1983)\ **Replies:** 3\ **Last updated:** [8 March 2022 08:20 UTC](https://forum.dynare.org/t/nan-in-steady-state/19921 "2022-03-08T08:20:37Z")
Attached is a mod file. I am not sure why I am getting Nan’s after solving. Can someone point out the reason I am getting Nan’s here. slov\_postPres\_trials\_homeInv\_rigidity.mod (12.9 KB) --- ## [Jacobian of the static model is singular and contains elements that are not real or are infinite](https://forum.dynare.org/t/jacobian-of-the-static-model-is-singular-and-contains-elements-that-are-not-real-or-are-infinite/19645)
**Author:** [@marimtched](https://forum.dynare.org/u/marimtched)\ **Replies:** 10\ **Last updated:** [15 January 2022 11:06 UTC](https://forum.dynare.org/t/jacobian-of-the-static-model-is-singular-and-contains-elements-that-are-not-real-or-are-infinite/19645 "2022-01-15T11:06:25Z")
tviniwaigo.mod (1.0 KB) It seems like that we have written everything correctly, but code still does not work. It tells us that the Jacobian of the static model is singular and the Jacobian matrix evaluated at the stea… --- ## [What is the right size of shock](https://forum.dynare.org/t/what-is-the-right-size-of-shock/18513)
**Author:** [@steve\_1983](https://forum.dynare.org/u/steve_1983)\ **Replies:** 8\ **Last updated:** [12 July 2021 13:41 UTC](https://forum.dynare.org/t/what-is-the-right-size-of-shock/18513 "2021-07-12T13:41:23Z")
I am unable to figure out why “EVEN” a large shock to monetary policy leads to a very small increase (not even 5 basis points) in the policy interest rate in my model. Can anyone figure out what is the arithmetic. Thank… --- ## [Lack of response of all variables to some shocks](https://forum.dynare.org/t/lack-of-response-of-all-variables-to-some-shocks/19019)
**Author:** [@jorj2021](https://forum.dynare.org/u/jorj2021)\ **Replies:** 4\ **Last updated:** [9 October 2021 17:33 UTC](https://forum.dynare.org/t/lack-of-response-of-all-variables-to-some-shocks/19019 "2021-10-09T17:33:21Z")
Why in my model many variables do not react to rr, zb, dc shocks ?? But all variables respond well to other shocks (5 shocks) EE1.txt (10.4 KB) For better guidance of my friends, I attached the file --- ## [Model with collateral constraints](https://forum.dynare.org/t/model-with-collateral-constraints/18630)
**Author:** [@luishb](https://forum.dynare.org/u/luishb)\ **Replies:** 5\ **Last updated:** [3 August 2021 15:45 UTC](https://forum.dynare.org/t/model-with-collateral-constraints/18630 "2021-08-03T15:45:17Z")
Hello everyone! I am trying to construct a model close to Iacoviello and Neri (2010) but including also a collateral constraint for capital goods purchases. It would be also similar to the model of Gerali et al. (2010) … --- ## [Help me how to learn DSGE model](https://forum.dynare.org/t/help-me-how-to-learn-dsge-model/18423)
**Author:** [@thangnguyen](https://forum.dynare.org/u/thangnguyen)\ **Replies:** 2\ **Last updated:** [29 June 2021 16:01 UTC](https://forum.dynare.org/t/help-me-how-to-learn-dsge-model/18423 "2021-06-29T16:01:45Z")
Dear all, I am a finance student currently working on a thesis for my masters course. I want to do a DSGE-based analysis for my country (Based on the model of John Barrdear and Michael Kumhof). However, the initial appr… --- ## [Is the effective federal funds rate stationary?](https://forum.dynare.org/t/is-the-effective-federal-funds-rate-stationary/18301)
**Author:** [@kofiemma](https://forum.dynare.org/u/kofiemma)\ **Replies:** 1\ **Last updated:** [15 June 2021 08:38 UTC](https://forum.dynare.org/t/is-the-effective-federal-funds-rate-stationary/18301 "2021-06-15T08:38:24Z")
From a statistical perspective, some authors have found R^{data}\_t (as used in the observation equation guide paper) to be non-stationary statistically. Nevertheless, R^{data}\_t is used in some reduced-form models (incl… --- ## [Should monetary policy rule respond to expectation abut future inflation and future output gap](https://forum.dynare.org/t/should-monetary-policy-rule-respond-to-expectation-abut-future-inflation-and-future-output-gap/17723)
**Author:** [@Jesse](https://forum.dynare.org/u/Jesse)\ **Replies:** 2\ **Last updated:** [28 March 2021 14:03 UTC](https://forum.dynare.org/t/should-monetary-policy-rule-respond-to-expectation-abut-future-inflation-and-future-output-gap/17723 "2021-03-28T14:03:21Z")
Dear Johannes, I have seen papers about monetary policy rule responds to financial slack represented by stock price gap in addition to inflation and output gap, please refer to the PDF attachment. I have three questions… --- ## [Estimate parameters from my own data](https://forum.dynare.org/t/estimate-parameters-from-my-own-data/17704)
**Author:** [@ndri](https://forum.dynare.org/u/ndri)\ **Replies:** 1\ **Last updated:** [22 March 2021 10:14 UTC](https://forum.dynare.org/t/estimate-parameters-from-my-own-data/17704 "2021-03-22T10:14:41Z")
Hi, I’m very new in using dsge model, I have a question, i would like to know how to estimate parameters from my own data (i wish to get the code on dynare) Regards --- ## [Philips curve for a country with high inflation](https://forum.dynare.org/t/philips-curve-for-a-country-with-high-inflation/17175)
**Author:** [@mmmoney](https://forum.dynare.org/u/mmmoney)\ **Replies:** 18\ **Last updated:** [21 December 2020 19:49 UTC](https://forum.dynare.org/t/philips-curve-for-a-country-with-high-inflation/17175 "2020-12-21T19:49:22Z")
my question is about the modeling of an economy with steady state positive inflation rate (net rate is 15% and gross rate is 1.15) I have three ways 1- standard approach: linearization of the philips curve around the… --- ## [DSGE model on STATA or Dynare](https://forum.dynare.org/t/dsge-model-on-stata-or-dynare/16203)
**Author:** [@Zakelo](https://forum.dynare.org/u/Zakelo)\ **Replies:** 1\ **Last updated:** [7 July 2020 07:35 UTC](https://forum.dynare.org/t/dsge-model-on-stata-or-dynare/16203 "2020-07-07T07:35:37Z")
I seek to stimulate an analytical model that links financial inclusion, financial frictions and economic growth using a DSGE model on STATA or Dynare. Can anyone help me??? Thanks --- ## [Error variable not allowed inside model declaration](https://forum.dynare.org/t/error-variable-not-allowed-inside-model-declaration/15780)
**Author:** [@joann](https://forum.dynare.org/u/joann)\ **Replies:** 7\ **Last updated:** [10 May 2020 18:06 UTC](https://forum.dynare.org/t/error-variable-not-allowed-inside-model-declaration/15780 "2020-05-10T18:06:52Z")
I encountered this error: ERROR: refugee.mod: line 98, cols 11-15: Variable R not allowed inside model declaration. Its scope is only outside model. I don’t quite understand this problem. I have R as my variable. Its st… --- ## [Replication of QUEST III](https://forum.dynare.org/t/replication-of-quest-iii/15422)
**Author:** [@cmerino22](https://forum.dynare.org/u/cmerino22)\ **Replies:** 3\ **Last updated:** [23 March 2020 14:39 UTC](https://forum.dynare.org/t/replication-of-quest-iii/15422 "2020-03-23T14:39:06Z")
Dear prof. Pfeiffer, I hope this message finds you well, I am trying to execute the following file: EA\_Quest3.mod I would like to know why is this error appearing. Thanks in advance, Carlos Merino EA\_QUEST3.mod (29… [Next page](https://forum.dynare.org/c/generalmodeling/mmb/28.md?page=1)