1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147
|
function [dr,info]=PCL_resol(ys,check_flag)
% function [dr,info]=PCL_resol(ys,check_flag)
% Computes first and second order approximations
%
% INPUTS
% ys: vector of variables in steady state
% check_flag=0: all the approximation is computed
% check_flag=1: computes only the eigenvalues
%
% OUTPUTS
% dr: structure of decision rules for stochastic simulations
% info=1: the model doesn't determine the current variables '...' uniquely
% info=2: MJDGGES returns the following error code'
% info=3: Blanchard Kahn conditions are not satisfied: no stable '...' equilibrium
% info=4: Blanchard Kahn conditions are not satisfied:'...' indeterminacy
% info=5: Blanchard Kahn conditions are not satisfied:'...' indeterminacy due to rank failure
% info=6: The jacobian evaluated at the steady state is complex.
% info=19: The steadystate file did not compute the steady state (inconsistent deep parameters).
% info=20: can't find steady state info(2) contains sum of sqare residuals
% info=21: steady state is complex
% info(2) contains sum of sqare of
% imaginary part of steady state
% info=30: Variance can't be computed
%
% SPECIAL REQUIREMENTS
% none
% Copyright (C) 2001-2017 Dynare Team
%
% This file is part of Dynare.
%
% Dynare is free software: you can redistribute it and/or modify
% it under the terms of the GNU General Public License as published by
% the Free Software Foundation, either version 3 of the License, or
% (at your option) any later version.
%
% Dynare is distributed in the hope that it will be useful,
% but WITHOUT ANY WARRANTY; without even the implied warranty of
% MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
% GNU General Public License for more details.
%
% You should have received a copy of the GNU General Public License
% along with Dynare. If not, see <http://www.gnu.org/licenses/>.
global M_ options_ oo_
global it_
jacobian_flag = 0;
info = 0;
it_ = M_.maximum_lag + 1 ;
if M_.exo_nbr == 0
oo_.exo_steady_state = [] ;
end
% check if ys is steady state
tempex = oo_.exo_simul;
oo_.exo_simul = repmat(oo_.exo_steady_state',M_.maximum_lag+M_.maximum_lead+1,1);
if M_.exo_det_nbr > 0
tempexdet = oo_.exo_det_simul;
oo_.exo_det_simul = repmat(oo_.exo_det_steady_state',M_.maximum_lag+M_.maximum_lead+1,1);
end
dr.ys = ys;
check1 = 0;
% testing for steadystate file
fh = str2func([M_.fname '_static']);
if options_.steadystate_flag
[dr.ys,check1] = feval([M_.fname '_steadystate'],dr.ys,...
[oo_.exo_steady_state; ...
oo_.exo_det_steady_state]);
if size(dr.ys,1) < M_.endo_nbr
if length(M_.aux_vars) > 0
dr.ys = add_auxiliary_variables_to_steadystate(dr.ys,M_.aux_vars,...
M_.fname,...
oo_.exo_steady_state,...
oo_.exo_det_steady_state,...
M_.params);
else
error([M_.fname '_steadystate.m doesn''t match the model']);
end
end
else
% testing if ys isn't a steady state or if we aren't computing Ramsey policy
if options_.ramsey_policy == 0
if options_.linear == 0
% nonlinear models
if max(abs(feval(fh,dr.ys,[oo_.exo_steady_state; ...
oo_.exo_det_steady_state], M_.params))) > options_.dynatol.f
opt = options_;
opt.jacobian_flag = 0;
[dr.ys,check1] = dynare_solve(fh,dr.ys,opt,...
[oo_.exo_steady_state; ...
oo_.exo_det_steady_state], M_.params);
end
else
% linear models
[fvec,jacob] = feval(fh,dr.ys,[oo_.exo_steady_state;...
oo_.exo_det_steady_state], M_.params);
if max(abs(fvec)) > 1e-12
dr.ys = dr.ys-jacob\fvec;
end
end
end
end
% testing for problem
if check1
if options_.steadystate_flag
info(1)= 19;
resid = check1 ;
else
info(1)= 20;
resid = feval(fh,ys,oo_.exo_steady_state, M_.params);
end
info(2) = resid'*resid ;
return
end
if ~isreal(dr.ys)
info(1) = 21;
info(2) = sum(imag(ys).^2);
dr.ys = real(dr.ys);
return
end
dr.fbias = zeros(M_.endo_nbr,1);
if( (options_.partial_information ==1) || (options_.ACES_solver==1))%&& (check_flag == 0)
[dr,info,M_,options_,oo_] = dr1_PI(dr,check_flag,M_,options_,oo_);
else
[dr,info,M_,options_,oo_] = dr1(dr,check_flag,M_,options_,oo_);
end
if info(1)
return
end
if M_.exo_det_nbr > 0
oo_.exo_det_simul = tempexdet;
end
oo_.exo_simul = tempex;
tempex = [];
% 01/01/2003 MJ added dr_algo == 1
% 08/24/2001 MJ uses Schmitt-Grohe and Uribe (2001) constant correction
% in dr.ghs2
% 05/26/2003 MJ added temporary values for oo_.exo_simul
|