“Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software
According to its creator Michel Juillard, Dynare is a “pre-processor and a collection of routines” aimed at solving and estimating non-linear rational expectation models. This article focuses on the role of Dynare in the dissemination of dynamic stochastic general equilibrium (DSGE) models in academ...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Association Œconomia
2023-09-01
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| Series: | Œconomia |
| Subjects: | |
| Online Access: | http://journals.openedition.org/oeconomia/16123 |
| _version_ | 1797402356640382976 |
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| author | Béatrice Cherrier Aurélien Saïdi Francesco Sergi |
| author_facet | Béatrice Cherrier Aurélien Saïdi Francesco Sergi |
| author_sort | Béatrice Cherrier |
| collection | DOAJ |
| description | According to its creator Michel Juillard, Dynare is a “pre-processor and a collection of routines” aimed at solving and estimating non-linear rational expectation models. This article focuses on the role of Dynare in the dissemination of dynamic stochastic general equilibrium (DSGE) models in academia and policymaking institutions. The case of Dynare highlights how the dissemination across the profession of theoretical principles and modelling practices cannot be considered independently from (at least) two general issues that involve designing computer tools for macroeconomics: tractability (i.e. the existence of a computer algorithm that can solve a mathematical problem using “reasonable” resources) and portability (i.e. the material ability of circulating and transferring a computer algorithm across models, people, and institutions). In this article, we document how the origins and the development of Dynare over three decades were guided by these two issues. |
| first_indexed | 2024-03-09T02:23:52Z |
| format | Article |
| id | doaj.art-cf41f16306564fcb87f25dd3437c54d7 |
| institution | Directory Open Access Journal |
| issn | 2113-5207 2269-8450 |
| language | English |
| last_indexed | 2024-03-09T02:23:52Z |
| publishDate | 2023-09-01 |
| publisher | Association Œconomia |
| record_format | Article |
| series | Œconomia |
| spelling | doaj.art-cf41f16306564fcb87f25dd3437c54d72023-12-06T16:23:24ZengAssociation ŒconomiaŒconomia2113-52072269-84502023-09-0113380184810.4000/oeconomia.16123“Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare SoftwareBéatrice CherrierAurélien SaïdiFrancesco SergiAccording to its creator Michel Juillard, Dynare is a “pre-processor and a collection of routines” aimed at solving and estimating non-linear rational expectation models. This article focuses on the role of Dynare in the dissemination of dynamic stochastic general equilibrium (DSGE) models in academia and policymaking institutions. The case of Dynare highlights how the dissemination across the profession of theoretical principles and modelling practices cannot be considered independently from (at least) two general issues that involve designing computer tools for macroeconomics: tractability (i.e. the existence of a computer algorithm that can solve a mathematical problem using “reasonable” resources) and portability (i.e. the material ability of circulating and transferring a computer algorithm across models, people, and institutions). In this article, we document how the origins and the development of Dynare over three decades were guided by these two issues.http://journals.openedition.org/oeconomia/16123history of macroeconomicsDSGE modelsDynarecomputerization of economics |
| spellingShingle | Béatrice Cherrier Aurélien Saïdi Francesco Sergi “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software Œconomia history of macroeconomics DSGE models Dynare computerization of economics |
| title | “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software |
| title_full | “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software |
| title_fullStr | “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software |
| title_full_unstemmed | “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software |
| title_short | “Write Your Model Almost as You Would on Paper and Dynare Will Take Care of the Rest!” A History of the Dynare Software |
| title_sort | write your model almost as you would on paper and dynare will take care of the rest a history of the dynare software |
| topic | history of macroeconomics DSGE models Dynare computerization of economics |
| url | http://journals.openedition.org/oeconomia/16123 |
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