Dynare
NumFOCUS Sponsored Project since 2025Dynare is an open source software platform offering computational tools to handle a wide range of economic models. With its intuitive interface and well-documented features, Dynare simplifies the process of describing economic models, and provides academic, professional, and student social scientists with reliable routines to solve, simulate, and estimate them.
Share This Project:
Industry
Higher Education Research & Teaching, Government, Finance
Language
MATLAB/Octave, C++, Fortran
Features
Scalable Scientific Computing Workflows
Dynare is an open source/free software platform offering computational tools to handle a wide range of economic models. Users can use our intuitive interface to perform their entire modeling workflow from model description to solving, simulating, estimating, and formatting the results.
Dynare is a software that academic economists use to solve economic models in their published work. Professional economists also use Dynare to solve, estimate, and forecast large economic models in many organizations such as the International Monetary Fund, the European Central Bank, and various other government bodies. Additionally, Dynare is widely taught and used in many Master and Doctoral programs in quantitative economics at major universities.
