Tolerance level - steady state calculation

Steady state
1

Good afternoon,

I was wondering if it’s possible to change the termination tolerance in the options of the command “steady”.
I am using fsolve to solve for the steady-state (i.e. solve_algo = 0).

Thank you,
Diana

2

This is not yet possible. You have to do it manually. In dynare_solve.m you have to change the

options.TolFun=1e-8;

after the

if options_.solve_algo == 0
3

What is the algorithm used by fsolve in dynare? Is it possible to change this?

4

fsolve is a Matlab solver. You can generally change the solution algorithm in Dynare to something different. The exact command depends on the application you have (mode_compute, solve_algo, stack_solve, etc)