Sébastien Villemot sebastien.villemot@ens.fr writes:
"Johannes Pfeifer " jpfeifer@gmx.de writes:
It may be normal to have less equations with Ramsey. But something must be wrong with the mod-file. Dynare 4.2.5 complains
We changed a lot of things in the optimal policy engine between 4.2 and 4.3, so I am not sure the MOD file is wrong. It may just be trying to do things that were not implemented in 4.2.
Yes indeed it is using discretionary_policy which was nonexistent in 4.2. Hence the error message with 4.2.5