# Latest

**URL:** https://forum.dynare.org/latest.md

[Latest](https://forum.dynare.org/latest.md) · [Categories](https://forum.dynare.org/categories.md)

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## [Release of Dynare 7.2](https://forum.dynare.org/t/release-of-dynare-7-2/28467)

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**Author:** [@sebastien](https://forum.dynare.org/u/sebastien)\
**Replies:** 0\
**Last updated:** [14 September 2026 11:48 UTC](https://forum.dynare.org/t/release-of-dynare-7-2/28467 "2026-09-14T11:48:48Z")

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We are pleased to announce the release of Dynare 7.2. This maintenance release fixes various bugs. The Windows, macOS, MATLAB Online and source packages are available for download at the Dynare website. This release i…

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## [Filter and parameter uncertainty](https://forum.dynare.org/t/filter-and-parameter-uncertainty/5843)

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**Author:** [@joff](https://forum.dynare.org/u/joff)\
**Replies:** 7\
**Last updated:** [23 September 2026 09:13 UTC](https://forum.dynare.org/t/filter-and-parameter-uncertainty/5843 "2026-09-23T09:13:52Z")

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Hi. I am using Bayesian approach to estimate the so-called multivariate filter (MVF) model and obtain output gap estimates. My problem is that I would like to have bands around those estimates. However, it seems that th…

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## [Parallel estimation in Linux gets stuck after mode](https://forum.dynare.org/t/parallel-estimation-in-linux-gets-stuck-after-mode/20991)

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**Author:** [@manuelgonzalez](https://forum.dynare.org/u/manuelgonzalez)\
**Replies:** 14\
**Last updated:** [16 September 2026 20:45 UTC](https://forum.dynare.org/t/parallel-estimation-in-linux-gets-stuck-after-mode/20991 "2026-09-16T20:45:22Z")

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I set up the configuration file and ran the parallel\_test step with satisfactory results (Test for Cluster computation, computer localhost … Passed!) However, when I actually run the estimation, Dynare gets stuck after c…

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## [Stability question?](https://forum.dynare.org/t/stability-question/28462)

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**Author:** [@ChrisL](https://forum.dynare.org/u/ChrisL)\
**Replies:** 2\
**Last updated:** [16 September 2026 19:23 UTC](https://forum.dynare.org/t/stability-question/28462 "2026-09-16T19:23:56Z")

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Hello all, I’m comparing two monetary policy rules in a medium‑scale NK model with sticky prices/wages and a banking sector: a standard Taylor Rule for the policy rate vs. a Taylor Rule that targets an interest rate spr…

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## [Docker with and without GPU?](https://forum.dynare.org/t/docker-with-and-without-gpu/28460)

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**Author:** [@larsvilhuber](https://forum.dynare.org/u/larsvilhuber)\
**Replies:** 1\
**Last updated:** [8 September 2026 18:24 UTC](https://forum.dynare.org/t/docker-with-and-without-gpu/28460 "2026-09-08T18:24:58Z")

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We are running Dynare in a cloud environment, in support of reproducibility (https://sivacor.org). We have made the choice of using “well-known” Docker images only, thus the inclusion of the “dynare/dynare” images. They …

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## [Reference paper for the hank\_two\_assets.mod example file?](https://forum.dynare.org/t/reference-paper-for-the-hank-two-assets-mod-example-file/28448)

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**Author:** [@JuniorRotelli](https://forum.dynare.org/u/JuniorRotelli)\
**Replies:** 1\
**Last updated:** [8 September 2026 13:32 UTC](https://forum.dynare.org/t/reference-paper-for-the-hank-two-assets-mod-example-file/28448 "2026-09-08T13:32:36Z")

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Dear Dynare community, I am currently working on macroeconomic research evaluating the effects of monetary policy within HANK frameworks. While exploring the new heterogeneity features in Dynare, I have been studying th…

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## [Unconditional welfare in models with different steady state](https://forum.dynare.org/t/unconditional-welfare-in-models-with-different-steady-state/27178)

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**Author:** [@ManuelG1](https://forum.dynare.org/u/ManuelG1)\
**Replies:** 13\
**Last updated:** [6 September 2026 13:39 UTC](https://forum.dynare.org/t/unconditional-welfare-in-models-with-different-steady-state/27178 "2026-09-06T13:39:06Z")

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Hi, I would like to compare the unconditional welfare between two different models where model A has an extra sector compared to model B. Contrary to optimal policy studies, in this case the two steady states cannot be …

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## [Understand the Dynare output of Ramsay plan](https://forum.dynare.org/t/understand-the-dynare-output-of-ramsay-plan/28459)

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**Author:** [@ramani](https://forum.dynare.org/u/ramani)\
**Replies:** 4\
**Last updated:** [2 September 2026 20:10 UTC](https://forum.dynare.org/t/understand-the-dynare-output-of-ramsay-plan/28459 "2026-09-02T20:10:05Z")

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I am trying to understand the Dynare output of Ramsay plan. I ran Nk\_ramsey\_osr.mod with the Optimal\_policy switch to 1 and the Ramsey switch to 1. The Dynare reports three values of welfare Approximated value of unco…

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## [Replication file in Dynare](https://forum.dynare.org/t/replication-file-in-dynare/28458)

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**Author:** [@Badras](https://forum.dynare.org/u/Badras)\
**Replies:** 4\
**Last updated:** [30 August 2026 23:43 UTC](https://forum.dynare.org/t/replication-file-in-dynare/28458 "2026-08-30T23:43:27Z")

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Dear Prof. @jpfeifer Is it possible to access your paper’s Dynare code for “Mr. Keynes meets the Classics: Government Spending and the Real Exchange Rate” (published in the Journal of Political Economy, 2024). The jou…

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## [Non linearities : exponential](https://forum.dynare.org/t/non-linearities-exponential/28453)

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**Author:** [@Has](https://forum.dynare.org/u/Has)\
**Replies:** 2\
**Last updated:** [26 August 2026 08:22 UTC](https://forum.dynare.org/t/non-linearities-exponential/28453 "2026-08-26T08:22:25Z")

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Hello Professor, I have a question regarding a specific function in Dynare for a DSGE model. The model contains the following equations: Oil extraction: O\_r = A\_m \* N\_m^(alpha\_m) \* S\_m^(1-alpha\_m); Reserve accumulat…

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## [Simulation after Estimation problem](https://forum.dynare.org/t/simulation-after-estimation-problem/28452)

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**Author:** [@magonfru1](https://forum.dynare.org/u/magonfru1)\
**Replies:** 2\
**Last updated:** [25 August 2026 17:59 UTC](https://forum.dynare.org/t/simulation-after-estimation-problem/28452 "2026-08-25T17:59:26Z")

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Hi, I am a fairly advanced user of dynare, and I have built several models, calibrated them, simulated them and estimated them. As I have done several times, I estimated a model, usually SOE-NK, and then run simulations…

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## [Parameters are PAIRWISE collinear!](https://forum.dynare.org/t/parameters-are-pairwise-collinear/22532)

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**Author:** [@TuyenTran\_NUIG](https://forum.dynare.org/u/TuyenTran_NUIG)\
**Replies:** 20\
**Last updated:** [25 August 2026 05:55 UTC](https://forum.dynare.org/t/parameters-are-pairwise-collinear/22532 "2026-08-25T05:55:27Z")

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Hi all, I am working on estimation using Bayesian for a simple DSGE model. I got the following errors. I have read most related posts about these errors but can not find where they come from. Any suggestions or comment…

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## [Mh\_mode and moments\_varendo output](https://forum.dynare.org/t/mh-mode-and-moments-varendo-output/28439)

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**Author:** [@jimmyk](https://forum.dynare.org/u/jimmyk)\
**Replies:** 2\
**Last updated:** [24 August 2026 03:37 UTC](https://forum.dynare.org/t/mh-mode-and-moments-varendo-output/28439 "2026-08-24T03:37:02Z")

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Hi, I have a couple of small issues I’m wondering if you can help with. I’m using Dynare 6.2. When I compute a mode file, it is saved as \[modfilename\]\_mode.mat in the Output subfolder of the folder \[modfilename\]. When …

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## [Open Economy Modeling Problem](https://forum.dynare.org/t/open-economy-modeling-problem/28440)

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**Author:** [@WeiJunlong](https://forum.dynare.org/u/WeiJunlong)\
**Replies:** 2\
**Last updated:** [20 August 2026 14:44 UTC](https://forum.dynare.org/t/open-economy-modeling-problem/28440 "2026-08-20T14:44:35Z")

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Hello everyone, I recently started learning about two-country models, and I’m trying to implement a two-country economy, where residents of one country both deposit money to financial institutions and also buy foreign bo…

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## [Issue with the Response to a Positive Tariff Uncertainty Shock](https://forum.dynare.org/t/issue-with-the-response-to-a-positive-tariff-uncertainty-shock/28434)

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**Author:** [@Jingjing](https://forum.dynare.org/u/Jingjing)\
**Replies:** 1\
**Last updated:** [18 August 2026 07:25 UTC](https://forum.dynare.org/t/issue-with-the-response-to-a-positive-tariff-uncertainty-shock/28434 "2026-08-18T07:25:43Z")

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I’m currently working on a tariff uncertainty shock, but I’ve encountered a problem with my impulse response functions. When I impose a one-unit positive shock to tariff uncertainty, the tariff uncertainty variable itse…

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## [Estimating using parallel gets stuck](https://forum.dynare.org/t/estimating-using-parallel-gets-stuck/23168)

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**Author:** [@lukas1](https://forum.dynare.org/u/lukas1)\
**Replies:** 5\
**Last updated:** [14 August 2026 14:10 UTC](https://forum.dynare.org/t/estimating-using-parallel-gets-stuck/23168 "2026-08-14T14:10:05Z")

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I try to estimate a standard model using parallel computing on a single computer with many cores. It happens frequently that Dynare gets caught in an infinite loop within the masterParallel function, i.e. I get no error…

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## [Slice sampler: how many chains and draws should I choose?](https://forum.dynare.org/t/slice-sampler-how-many-chains-and-draws-should-i-choose/21713)

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**Author:** [@Romero](https://forum.dynare.org/u/Romero)\
**Replies:** 6\
**Last updated:** [5 August 2026 14:08 UTC](https://forum.dynare.org/t/slice-sampler-how-many-chains-and-draws-should-i-choose/21713 "2026-08-05T14:08:48Z")

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Dear all, I was wondering where I can find guidance on the use of the slice sampler. The only paper I am aware of is the 2015 Planas/ Ratto/ Rossi paper ( https://archives.dynare.org/DynareConference2015/papers/Ratto\_P…

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## [Model diagnostics in the replication of Gali and Monacelli (2005)](https://forum.dynare.org/t/model-diagnostics-in-the-replication-of-gali-and-monacelli-2005/28438)

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**Author:** [@ramsey.r](https://forum.dynare.org/u/ramsey.r)\
**Replies:** 2\
**Last updated:** [5 August 2026 06:04 UTC](https://forum.dynare.org/t/model-diagnostics-in-the-replication-of-gali-and-monacelli-2005/28438 "2026-08-05T06:04:24Z")

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Dear All, When I replicate Gali and Monacelli (2005) paper using the code DSGE\_mod/Gali\_Monacelli\_2005/Gali\_Monacelli\_2005.mod at master · JohannesPfeifer/DSGE\_mod · GitHub and run model diagnostics check, it says that …

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## [MATLAB parallel computing crash with Apple Silicon](https://forum.dynare.org/t/matlab-parallel-computing-crash-with-apple-silicon/28432)

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**Author:** [@dh.murakami](https://forum.dynare.org/u/dh.murakami)\
**Replies:** 3\
**Last updated:** [22 July 2026 10:04 UTC](https://forum.dynare.org/t/matlab-parallel-computing-crash-with-apple-silicon/28432 "2026-07-22T10:04:33Z")

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Hi Dynare team – another estimation issue I’ve been running into: I’m running multi-day Bayesian MCMC estimation (Dynare 7.1, slice sampler, piecewise-linear/OccBin likelihood, MATLAB’s interactive Processes pool with 4…

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## [Advises on improving the computational efficiency of DSGE models](https://forum.dynare.org/t/advises-on-improving-the-computational-efficiency-of-dsge-models/28428)

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**Author:** [@Maxx](https://forum.dynare.org/u/Maxx)\
**Replies:** 5\
**Last updated:** [10 July 2026 16:29 UTC](https://forum.dynare.org/t/advises-on-improving-the-computational-efficiency-of-dsge-models/28428 "2026-07-10T16:29:41Z")

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Could you please advise on improving the computational efficiency of DSGE models? The model takes a long time to run, but the CPU utilisation is only around 60%. Are there any settings that can increase CPU utilisatio…

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## [Excess shocks in filtering](https://forum.dynare.org/t/excess-shocks-in-filtering/28431)

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**Author:** [@Kavarkk](https://forum.dynare.org/u/Kavarkk)\
**Replies:** 2\
**Last updated:** [9 July 2026 15:48 UTC](https://forum.dynare.org/t/excess-shocks-in-filtering/28431 "2026-07-09T15:48:48Z")

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Hello, I have a question regarding Dynare’s kalman filter. Is it possible to filter shocks in a model with more shocks than observables. And if it is possible, then how does dynare handle this? Does it use some kind of …

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## [Gerali et al Credit and banking](https://forum.dynare.org/t/gerali-et-al-credit-and-banking/3727)

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**Author:** [@maa14](https://forum.dynare.org/u/maa14)\
**Replies:** 30\
**Last updated:** [7 July 2026 06:24 UTC](https://forum.dynare.org/t/gerali-et-al-credit-and-banking/3727 "2026-07-07T06:24:13Z")

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Hi, Has anyone worked in the Gerali, Neri, Sessa, Signoretti JMCB 2010 paper “Credit and banking in a DSGE model of the Euro Area”? Any idea from where to get the source code? Thanks!!

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## [The Gerali et. al. (2010) and US data](https://forum.dynare.org/t/the-gerali-et-al-2010-and-us-data/28427)

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**Author:** [@leonard007](https://forum.dynare.org/u/leonard007)\
**Replies:** 2\
**Last updated:** [6 July 2026 13:21 UTC](https://forum.dynare.org/t/the-gerali-et-al-2010-and-us-data/28427 "2026-07-06T13:21:50Z")

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Dear colleagues, I hope you are all well. I am wondering if there is someone who has estimated the Gerali model with the US data or any attempt to match the model with the USA. Thank you for your help.

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## [Dynare 7.x parallel computing toolbox in older MATLAB](https://forum.dynare.org/t/dynare-7-x-parallel-computing-toolbox-in-older-matlab/28425)

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**Author:** [@dh.murakami](https://forum.dynare.org/u/dh.murakami)\
**Replies:** 3\
**Last updated:** [5 July 2026 20:09 UTC](https://forum.dynare.org/t/dynare-7-x-parallel-computing-toolbox-in-older-matlab/28425 "2026-07-05T20:09:16Z")

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Hi Dynare I have a quick question: I’ve got a spare older machine which can only run MATLAB up until R2024a. When I tried to use Dynare 7.x’s inbuilt parallel computing function for estimation purposes, I received an er…

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## [Drawing parameters from posterior for simulations](https://forum.dynare.org/t/drawing-parameters-from-posterior-for-simulations/28426)

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**Author:** [@Romero](https://forum.dynare.org/u/Romero)\
**Replies:** 0\
**Last updated:** [3 July 2026 12:39 UTC](https://forum.dynare.org/t/drawing-parameters-from-posterior-for-simulations/28426 "2026-07-03T12:39:31Z")

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Hi All, I have the following basic question: I have an estimated (linear) model, where I have done the posterior simulations using the RWMH (3 chains, 500000 draws each). I would like to do simulations (not simply IRFs)…

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## [Different results from the estimation via IRF matching and the simulation](https://forum.dynare.org/t/different-results-from-the-estimation-via-irf-matching-and-the-simulation/28419)

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**Author:** [@mhkim](https://forum.dynare.org/u/mhkim)\
**Replies:** 2\
**Last updated:** [30 June 2026 10:10 UTC](https://forum.dynare.org/t/different-results-from-the-estimation-via-irf-matching-and-the-simulation/28419 "2026-06-30T10:10:40Z")

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I am practicing the IRF matching approach using a basic New Keynesian model to estimate my model’s parameter values. Specifically, I first estimated some parameter values in the basic NK model using the attached “NK\_mat…

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## [Question on equation formulation in the steady-state module](https://forum.dynare.org/t/question-on-equation-formulation-in-the-steady-state-module/28417)

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**Author:** [@Maxx](https://forum.dynare.org/u/Maxx)\
**Replies:** 2\
**Last updated:** [22 June 2026 14:15 UTC](https://forum.dynare.org/t/question-on-equation-formulation-in-the-steady-state-module/28417 "2026-06-22T14:15:05Z")

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Could you please advise how to write the steady-state equation for the formula in the image within the steady\_state\_model block? In the steady state, the terms lnYbar on both sides of the equality will cancel out. Waitin…

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## [Shocking growth rate of the process, perfect foresight](https://forum.dynare.org/t/shocking-growth-rate-of-the-process-perfect-foresight/28410)

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**Author:** [@kurama](https://forum.dynare.org/u/kurama)\
**Replies:** 1\
**Last updated:** [15 June 2026 15:36 UTC](https://forum.dynare.org/t/shocking-growth-rate-of-the-process-perfect-foresight/28410 "2026-06-15T15:36:35Z")

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When I run this code and shock pop growth rate it never returns back. Does anyone know WHY? var POP ; // ratio variables (derived) varexo eps\_pop ; parameters g\_pop rho\_pop; g\_pop = 0.0015; rho\_pop = 0.9; model; …

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## [Ai Agent skill for automatically programming dynare](https://forum.dynare.org/t/ai-agent-skill-for-automatically-programming-dynare/28415)

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**Author:** [@KASD](https://forum.dynare.org/u/KASD)\
**Replies:** 0\
**Last updated:** [14 June 2026 08:36 UTC](https://forum.dynare.org/t/ai-agent-skill-for-automatically-programming-dynare/28415 "2026-06-14T08:36:55Z")

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Hi, everyone! Tired of writing dynare mod code and debugging? I’m very excited to introduce you a Claude Code skill that takes your macroeconomic intuition — “I want a New Keynesian model with a financial accelerator,” …

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## [Calibration Question](https://forum.dynare.org/t/calibration-question/28377)

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**Author:** [@Badras](https://forum.dynare.org/u/Badras)\
**Replies:** 5\
**Last updated:** [11 June 2026 20:53 UTC](https://forum.dynare.org/t/calibration-question/28377 "2026-06-11T20:53:34Z")

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Hi Prof, If I opt for normalizing a variable in the SS then is it possible to set a corresponding parameter using both the normalized variable and data/ratios rather than purely set the parameter within the model (as …

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