run_dynare: Create and run 'Dynare' 'mod' file

In DynareR: A Seamless Integration of 'R' and 'Dynare'

Create and run Dynare mod file

Description

Use this function to create and run Dynare mod file. Use run_dynare(code="someCode",model="someModel") if you want the Dynare files to live in the current working directory. Use run_dynare(run_dynare(code="someCode",model="someDirectory/someModel")) if you want the Dynare files to live in the path different from the current working directory (for example, someDirectory).

Usage

run_dynare(code, model, import_log = FALSE)

Arguments

code	Object or a character string representing the set of Dynare codes
model	Object or a character string representing the name of the Dynare model file (.mod or .dyn extension)
import_log	Logical. Whether or not to import dynare log file.

Value

Set of Dynare (open-source software for DSGE modelling) outputs

See Also

Other important functions: DynareR, add_path(), eng_dynare(), import_log(), include_IRF(), run_models(), set_dynare_version(), set_octave_path(), write_dyn(), write_mod()

Examples

library(DynareR)
## Not run: 
DynareCodes='var y, c, k, a, h, b;
varexo e, u;
parameters beta, rho, alpha, delta, theta, psi, tau;
alpha = 0.36;
rho   = 0.95;
tau   = 0.025;
beta  = 0.99;
delta = 0.025;
psi   = 0;
theta = 2.95;
phi   = 0.1;
model;
c*theta*h^(1+psi)=(1-alpha)*y;
k = beta*(((exp(b)*c)/(exp(b(+1))*c(+1)))
          *(exp(b(+1))*alpha*y(+1)+(1-delta)*k));
y = exp(a)*(k(-1)^alpha)*(h^(1-alpha));
k = exp(b)*(y-c)+(1-delta)*k(-1);
a = rho*a(-1)+tau*b(-1) + e;
b = tau*a(-1)+rho*b(-1) + u;
end;
initval;
y = 1.08068253095672;
c = 0.80359242014163;
h = 0.29175631001732;
k = 11.08360443260358;
a = 0;
b = 0;
e = 0;
u = 0;
end;

shocks;
var e; stderr 0.009;
var u; stderr 0.009;
var e, u = phi*0.009*0.009;
end;

stoch_simul;'

# This is "example1" of the `Dynare` example files executed in current working directory

run_dynare(code=DynareCodes,model="example1",import_log=T)

# import_log=T returns the `dynare` log file as a list of dataframes in an environment `dynare`,
# which can be accessed using `dynare$modelName`

dynare$example1

dynare$example1$correlations

dynare$example1$autocorrelation[4,3]

knitr::kable(dynare$example1$moments,format='pandoc')

# This is "example1" of the `Dynare` example files executed in "DynareR/run_dynare/" folder

run_dynare(code=DynareCodes,model="DynareR/run_dynare/example1")

## End(Not run)

DynareR documentation built on April 30, 2022, 9:05 a.m.