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RECS toolbox Version 0.6

RECS toolbox Version 0.6. RECS is a MATLAB solver for dynamic, stochastic, rational expectations equilibrium models. RECS stands for "Rational Expectations Complementarity Solver". This name emphasizes that RECS has been developed specifically to solve models that include complementarity equations, also known as models with occasionally binding constraints. RECS documentation is not complete, but is sufficient to build standard models (many examples are provided in Demos. The European Union's Seventh Fra...

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RECS toolbox Version 0.6 | recs-solver.org Reviews

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RECS toolbox Version 0.6. RECS is a MATLAB solver for dynamic, stochastic, rational expectations equilibrium models. RECS stands for Rational Expectations Complementarity Solver. This name emphasizes that RECS has been developed specifically to solve models that include complementarity equations, also known as models with occasionally binding constraints. RECS documentation is not complete, but is sufficient to build standard models (many examples are provided in Demos. The European Union's Seventh Fra...

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RECS toolbox Version 0.6 | recs-solver.org Reviews

https://recs-solver.org

RECS toolbox Version 0.6. RECS is a MATLAB solver for dynamic, stochastic, rational expectations equilibrium models. RECS stands for "Rational Expectations Complementarity Solver". This name emphasizes that RECS has been developed specifically to solve models that include complementarity equations, also known as models with occasionally binding constraints. RECS documentation is not complete, but is sufficient to build standard models (many examples are provided in Demos. The European Union's Seventh Fra...

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recs-solver.org

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RECS toolbox Version 0.6

http://www.recs-solver.org/index.html

RECS toolbox Version 0.6. RECS is a MATLAB solver for dynamic, stochastic, rational expectations equilibrium models. RECS stands for "Rational Expectations Complementarity Solver". This name emphasizes that RECS has been developed specifically to solve models that include complementarity equations, also known as models with occasionally binding constraints. RECS documentation is not complete, but is sufficient to build standard models (many examples are provided in Demos. The European Union's Seventh Fra...

2

User's guide

http://www.recs-solver.org/user_guide.html

Setting Up a Rational Expectations Problem. First guess for the stochastic problem. Solve the rational expectations problem. Solvers for equilibrium equations. 8226; Licensed under the Expat license, see LICENSE.txt.

3

Getting started

http://www.recs-solver.org/getting_started.html

Definition of a stochastic rational expectations problem. Introduction to mixed complementarity problems. 8226; Licensed under the Expat license, see LICENSE.txt.

4

RECS Toolbox DEMOS

http://www.recs-solver.org/demos.html

All MATLAB files for RECS demos can be found in the. Folder inside RECS folder. And below are the links to each demo:. Variants of the consumption/saving model. Consumption/saving model with borrowing constraint. Finite horizon consumption/saving model with borrowing constraint. Variants of the stochastic growth model. Stochastic growth model with irreversible investment. Stochastic growth model with recursive preferences and stochastic volatility. Variants of the storage model.

5

Function Reference

http://www.recs-solver.org/recs_functions.html

Nonlinear equations and MCP solvers that can be used with RECS. Evaluate accuracy of a RECS solution. Check analytical derivatives against numerical ones. Convert the interpolation structure of a model to another form. Plot a model decision rules. Run all RECS demonstration files. Find a first guess using the perfect foresight solution or the first-order approximation of the model. Prepare a RECS interpolation structure. Prepare a RECS model object. Solve a perfect foresight problem.

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christophegouel.com

Homepage of Christophe Gouel

http://www.christophegouel.com/index.html

Welcome to my home page. I am working as an economist at the Public Economics, INRA laboratory. My main research topic is the dynamics of commodity prices. I study the causes of commodity prices volatility, the design of stabilization policies, and the organization of international trade in commodity markets. In 2011/2012, I was an economist at the World Bank, Development research group for the Agriculture and Rural Development program. In 2006/2008, I was an economist at CEPII. 16 rue Claude Bernard.

christophegouel.com

Homepage of Christophe Gouel

http://www.christophegouel.com/courses.html

Trade policy [Master ETE, Paris School of Economics]. Introduction to Applied Economic Modeling [Master EEET-EDDEE, AgroParisTech]. See the Master's website. For the course materials. Christophe Gouel Last update: February 12, 2016.

christophegouel.com

Homepage of Christophe Gouel

http://www.christophegouel.com/papers.html

Estimating the Competitive Storage Model with Trending Commodity Prices. And Legrand N. (2015). EconomiX Working Paper, 2015-15. Trade Policy Coordination and Food Price Volatility. Gouel C. (2016). American Journal of Agricultural Economics, 98(4), 1018–1037. ( Programs. From the journal's website). Managing Food Price Volatility in a Large Open Country: The Case of Wheat in India. Gautam M. and Martin W. J. (2016). Oxford Economic Papers, 68(3), 811–835. ( Programs. And Jean S. (2015). Mitaritona C&#46...

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RECS toolbox Version 0.6

RECS toolbox Version 0.6. RECS is a MATLAB solver for dynamic, stochastic, rational expectations equilibrium models. RECS stands for "Rational Expectations Complementarity Solver". This name emphasizes that RECS has been developed specifically to solve models that include complementarity equations, also known as models with occasionally binding constraints. RECS documentation is not complete, but is sufficient to build standard models (many examples are provided in Demos. The European Union's Seventh Fra...

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