Error in OccBin when trying to recreate figure 3 in Guerrieri and Iacoviello (2017)

Occbin
1

Dear community,

I’m trying to use Occbin for my BA-thesis but I keep running into an error. When I try to run “runsim_plot_figure3” in the folder “Guerrieri_Iacoviello_2017_Figure_3” in the updated version of Occbin, I get an error saying:
"Error using solve_two_constraints
The lead_lag_incidence-matrix differs across files. In Dynare 4.6, you may need to add a dummy equation tag."

I have not changed anything in the code, I pulled from Github, and I’m running Dynare version 5.3.

I hope someone can help clarify what’s going wrong. Thank you for your help.

Best Thomas Jensen

2

The updated toolkit is for Dynare 4.6. It does not support Dynare 5.x, because here OccBin is natively available and the workaround necessary for 4.6 does not work anymore.

3

Thank you very much!