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 Instructions:

  • Download the zipped file “India_Simulation_Files.zip” and unzip.

  • Make sure to have IRIS version IRIS_Tbx_20151014 or newer somewhere accessible. (download here)

  • Start Matlab 2015b (this is where it has been tested on, any recent version should run it though).

  • Addpath IRIS to Matlab and run "irisstartup":

addpath D:\apps\IRIS\IRIS_Tbx_20151014; irisstartup;

  • Change the working folder in Matlab where the files have been unzipped.

  • To run the code, execute ‘read_model.m’ first, and then ‘create_your_own.m’ in Matlab.

  • The code allows to specify a name for the run, say “newBasecase”. The results will then be saved as “newBasecase.pdf” and in a newly-created folder called “newBasecase”.

Documentation on read_model.m file (click here to download).

 

 

 

The DYNARE code for dollarization example (click here to download).

 Instructions:

  • Download the zipped file “Dollarization.zip” and unzip. You will get a folder called “Dollarization”.

  • Make sure to have Dynare version 20160918 (unstable) or newer somewhere accessible. (download here)

  • Start Matlab 2015b (this is where it has been tested on, any recent version should run it though).

  • Change the working folder to “Dollarization” folder. Open “Main.m” file. Line three has the Dynare reference as:

    addpath D:\apps\Dynare\20160918\matlab

    Change this address to where Dynare is installed.

  • Run “Main.m” file in Matlab.

 


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