I am running teh attached deterministic simulation in dynare 4.4.3. and it runs fine. I jumped to 4.5.1 today and wanted to run the same programme and it gave a complicated error message that I should have some perfect foresight solver. I felt nervous and reverted back to 4.4.3.
Any new version comes with a baggage of problems. I am sure it is for teh better but it really gives a lot of headache. Shoudl I stick to teh old version and be happy? boj_project_July23_det.mod (6.9 KB)