Dr holden,
When I run dynareOBC, there is always a warning”incorrectly use Generate_dynareOBCTempGetMaxArgValues (line 13)', ‘assertion failed’. I can not find the reason.
Thank you for your help in advance!
Best regards.
You need to tag @cfp.
Dear Prof @JPfeifer,
I replicate Moran & Queralto’ model (2017). When shock is small, e.g. 0.05, not triggering occasionally_binding constraint, impulse responses are normal. When shock is bigger, e.g. 0.08, trigger occasionally_binding constraint, impulse responses are totally different and strange, variables fluctuate sharply. I can not find the reason. Thanks in advance.
Best regards
Summary
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figure1.fig (137.2 KB)
basemodel.mod (7.2 KB)
ss_basemodel.mat (4.7 KB)
figure2.fig (137.9 KB)
What version of Dynare are you using? You should be on 4.5.7 https://www.dynare.org/release/windows/