Replication of QUEST III

General DSGE Modeling Macroeconomic Model Data Base
1

Dear prof. Pfeiffer,
I hope this message finds you well,
I am trying to execute the following file: EA_Quest3.mod I would like to know why is this error appearing. Thanks in advance,
Carlos Merino

EA_QUEST3.mod (29.4 KB)

dynare EA_Quest3.mod
Using 64-bit preprocessor
Starting Dynare (version 4.6.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file …
Substitution of endo leads >= 2: added 6 auxiliary variables and equations.
Substitution of endo lags >= 2: added 12 auxiliary variables and equations.
Found 128 equation(s).
Evaluating expressions…done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 2).
Processing outputs …
done
Preprocessing completed.

Error using eval
Must be a string scalar or character vector.

Error in EA_Quest3/driver (line 1694)
eval([‘M_.params(i) = ’ deep_parameter_name ’ ;’])

Error in dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ;

2

Hi, the problem here is that the MMB is not yet compatible with Dynare 4.6. You need to use Dynare 4.5 for that file.

3

Thank you very much, using Dynare 4.5.7 I get the following message, which I don´t know how to solve. thanks in advance.

dynare EA_Quest3.mod

Configuring Dynare …
[mex] Generalized QZ.
[mex] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
[mex] Local state space iteration (second order).
[mex] Bytecode evaluation.
[mex] k-order perturbation solver.
[mex] k-order solution simulation.
[mex] Quasi Monte-Carlo sequence (Sobol).
[mex] Markov Switching SBVAR.

Using 64-bit preprocessor
Starting Dynare (version 4.5.7).
Starting preprocessing of the model file …
Substitution of endo leads >= 2: added 6 auxiliary variables and equations.
Substitution of endo lags >= 2: added 12 auxiliary variables and equations.
Found 128 equation(s).
Evaluating expressions…done
Computing static model derivatives:

  • order 1
    Computing dynamic model derivatives:
  • order 1
  • order 2
    Processing outputs …
    done
    Preprocessing completed.

Error using eval
Unrecognized function or variable ‘cofintoutp’.

Error in EA_Quest3 (line 1413)
eval([‘M_.params(i) = ’ deep_parameter_name ’ ;’])

Error in dynare (line 235)
evalin(‘base’,fname) ;

4

As this is an MMB problem, you may want to consider posting at https://discourse.macromodelbase.com/