# Installation

RECS Toolbox zip archives are available at https://github.com/christophe-gouel/RECS/releases.

Why is this archive 20 MB? Much of this size is due to an executable for Windows. The executable file includes a complete Python distribution necessary to parse RECS model files.

## Dependencies

• MATLAB R2011b or later.
• CompEcon toolbox. RECS depends on the CompEcon toolbox for many programs (especially with respect to interpolation). Please follow CompEcon installation instructions and do not forget to create the mex files if you want your models solved in a reasonable time.

## Optional dependencies

• Path solver for MATLAB. Path is the reference solver for mixed complementarity problems. Its installation is highly recommended if difficult complementarity problems need to be solved.
• MATLAB Optimization Toolbox. The solver fsolve can be used to solve both the equilibrium equations and the rational expectations equilibrium.
• MATLAB Parallel Computing Toolbox. This toolbox allows many RECS programs to be run in parallel to speed-up computation.

## Installation instructions

1. Download the latest RECS archive and unzip it into a folder, called here recsfolder (avoid folder names that include spaces, even for parent folders).
2. Install the CompEcon toolbox: (i) Download the CompEcon toolbox archive; (ii) Unzip the archive into a folder, called here compeconfolder; (iii) Add CompEcon to the MATLAB path: addpath('compeconfolder/CEtools','compeconfolder/CEdemos'); (iv) Type mexall in MATLAB prompt to create all CompEcon mex files.
3. (optional) Install other dependencies.
5. On Windows, you are all set. On other architectures, you will have to install some Python packages. see instructions below.
6. You can test your installation by running RECS demonstration files by typing recsdemos. You can also access RECS documentation in MATLAB by typing doc.

## Install Python packages (for Linux and Mac, or Windows when installing from source)

Python 2.7.X and the following packages are required:

To make the Python programs available to RECS, you have two options:

Install them in a virtual Python environment.

By default, RECS looks for a folder PythonVirtualEnv inside the Python folder. To do the installation, from RECS folder type in a terminal

cd Python
virtualenv PythonVirtualEnv
source PythonVirtualEnv/bin/activate
pip install numpy PyYAML sympy==0.7.2
deactivate

If your default Python installation is not the version 2.7.X, replace the second command by

virtualenv PythonVirtualEnv -p /usr/bin/python2.7

where /usr/bin/python2.7 should be replaced by the address of your Python 2.7.X interpreter.

Alternatively, if your Python distribution is Anaconda, you can create from RECS folder the virtual environment by

conda create -p ./Python/PythonVirtualEnv python=2.7 numpy PyYAML sympy==0.7.2

Install them in your default Python installation.

Recommended only if you do not use Python otherwise. In this case, just type

pip install numpy PyYAML sympy==0.7.2

## Installation from source

If you want to work with the bleeding edge version of RECS, which may be unstable, or if you want to contribute to RECS development, you need to install RECS from source. The installation requires Git.

When installing from source, all platforms (Linux, Mac, and Windows) require Python 2.7.X, along with NumPy, PyYaml, and SymPy version 0.7.2. See above for instructions.

Optionnaly, under Windows, to be able to generate a binary to run to the solver without a Python installation, one can also install PyInstaller and make its folder available in Windows Path.