Analyzed 28 days ago
PyMacLab is the Python Macroeconomics Laboratory which serves the purpose of providing a convenience framework written in form of a Python library with the ability to solve non-linear DSGE models. The library supports solving DSGE models using 1st and 2nd order perturbation methods which are
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computed around the steady state. PyMacLab possesses the added advantage of being equipped with an advanced model file parser module, which automates cumbersome and error-prone linearization by hand. PyMacLab is written entirely in Python, is free and incredibly flexible to use and extend. [Less]