Fair-taylor algorithm

Dynare help (legacy posts)
1

Hi there,
Can Dynare perform the Fair-taylor algorithm for solving rational expectation? And how to import data into Dynare? Thanks very much.

Best,

Jing

2

No, Fair-Taylor algorithm isn’t implemented in Dynare. We believe that the algorithm that we developped for deterministic models is more efficient.

For importing data, look at option ‘datafile’ for command ‘estimation’ in the manual.

Best

Michel