I know the topic has already been discussed in forum, however I do not know if anyone has posted a complete solution to that topic. The issue is the following one: one wants to solve the model for different parameter values using a for loop in matlab.
The problem is when this parameter changes the steady state of the model.
Can you check if my solution is correct?
- run dynare model.
- write an external steady state file for the model. use the initval command to set up the steady state starting values.
- set the parameter values to loop over say: alphaa = linspace(0.3,0.50,50); (so 50 different values for alphaa between 0.3 and 0.5)
- use the following code:
global M_ oo_ options_ for i = 1:length(alphaa) set_param_value('alphaa',alphaa) [oo_.dr,info,M_,options_,oo_] = resol(0,M_,options_,oo_); [oo_.steady_state,~] = *_steadystate(oo_.steady_state,]); % * stands for the model's name y_ = simult_(oo_.steady_state,oo_.dr,oo_.exo_simul,1);%first order simulation end
I am not sure about the usage of the global command. In my case it only works if I set the globals.
Is this procedure right?