Replicate Croce (2014) in Dynare++

General DSGE Modeling Replication Attempts
1

Hi everyone! I’m trying to replicate the code in Croce (2014) "Long-run productivity risk: A new hope for production-based asset pricing ? ", but I can’t did it, in particular I’m trying to replicate de IRF, but when I run the Croce’s code in the Dynare++ it doesn’t work. Someone understand the code?, know how can I run it? or have an alternative code that replicate the Croce’s work?

Thaks.

2

What is the error you are getting?

3

“Error using dynare
Too many output arguments.”

I’m trying to run the command “dynare++ Approx_10”, but nothing. If I run the command “dynare Approx_10” the results are different.

4

How do you execute Dynare++?