Hi I want to run Dynare multiple times as part of an estimation. But the results depend on the parameters value when I call Dynare for the first time. Attached is an example. Running run1.m and run2.m should give the same answer. But run1.m calls LLR1.mod where eta=0.5 and run2.m calls LLR2.mod wh…

Running stoch_simul twice

jpfeifer 24 November 2019 10:24 2

See

Help looping over two parameters Stochastic simulations

You are not taking parameter dependence into account. That’s why you should use model-local variables (the ones with the pound operator) or a steady state file. See Remark 4 (Parameter dependence and the use of model-local variables) in Pfeifer (2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models”

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