inst/examples/R-FILES/run_dynare.R

In DynareR: Bringing the Power of 'Dynare' to 'R', 'R Markdown', and 'Quarto'

# We use "example1" of the Dynare example files to illustrate
#how to use this function


library(DynareR)

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;'

# You can create an absolute or relative path for the DynareR files.
# The following writes and run mod file in "DynareR/run_dynare/"  folder
# relative to the current path.



run_dynare(code=DynareCodes,model = "run_dynare")

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