Third-Party Applications - McKibbin

The following products are developed by The McKibbin Software Group, a third party company, for use with GAUSS. These products are available at no charge on their web site. Contact the developer regarding technical support. All require GAUSS or GAUSS Light for DOS v3.1+.


cellVision

Full-Featured Spreadsheet Editing and Graphics for GAUSS

Whether you are an economist, an engineer, a statistician, or a business analyst, cellVision can dramatically increase your productivity in GAUSS. cellVision provides a comprehensive, friendly, menu-driven spreadsheet environment to facilitate the preparation of your data and the presentation of your results.


DYNGAMES

Dynamic Rational Expectation
This set of programs solves dynamic rational expectations models for non-cooperative and cooperative dynamic game equilibria between two players. The algorithm calculates, time-consistent, closed loop, optimal reaction functions for one or two players and then allows the user to introduce a shock and calculate the equilibrium outcomes.

The example supplied with the algorithm is a two-country Dornbusch model, in which countries choose policies to minimize an intertemporal quadratic loss function of output and inflation. Information on an extension of this algorithm for solving higher order games can be obtained from:

McKibbin Software Group Inc,
84 Dominion Circuit
Deakin
ACT 2600
Australia.

Tel/Fax: 61-2-627355575 or: 61-2-62732939

DYNGAMES comes with all source code for user modifications, a manual and a sample two-country macroeconomic model with one jumping variable. The sample model has equations for output prices, the consumer price index, output, exchange rates and interest rates for each country. This example is particularly useful to work through to gain an understanding of how to implement any given application, as well as being a useful model in its own right, especially for teaching purposes. The model can be coded in standard algebraic form and then translated into GAUSS matrix notation by running the conversion program supplied.


FAIR-TAYLOR

Nonlinear Rational Expectation
FAIR-TAYLOR is a program for solving non-linear rational expectations models. The algorithm is written for solving deterministic models for the perfect foresight path but can be easily modified for the stochastic case.

FAIR-TAYLOR comes with all source code for user modifications, a manual and a sample two-country macroeconomic model with one jumping variable. The sample model has equations for output prices, the consumer price index, output, exchange rates and interest rates for each country. This example is particularly useful to work through to gain an understanding of how to implement any given application, as well as being a useful model in its own right, especially for teaching purposes.

The algorithm is written to handle up to 90 equations but it slows down very quickly for large systems of equations. Recently, a 20 equation model of the Australian housing market was solved very quickly.

FAIR-TAYLOR is compatible with GAUSS 2.0 and above.