Dear all,
When trying to use the OSR command of Dynare I get an exiting message that the maximum number of function evaluations has been reached and that I should increase the default options for the number of function evaluations.
Can anyone inform me where exactly I should change this option?
Thank you ver much in advance for your kind replies!
Yours,
George
. You just have to increase the value of the variable nit in this file, (around) line 84. You can also reduce the precision, by changing (for instance) crit = 1e-7; to crit = 1e-5;.