1. Installation

1.1. Prerequisites

  • MATLAB R2023b or newer. RISE uses dictionary / configureDictionary containers and the arguments block syntax with both name-value and positional validators.

  • A copy of the modern RISE toolbox. Access to the modern branch is reserved for active contributors and event participants – contact the author for the current download.

1.2. Bootstrap

Unpack the toolbox into a known folder <RISE_ROOT>. In MATLAB:

run('<RISE_ROOT>/rise_startup.m')

You should see the RISE banner. rise_startup adds the toolbox folders to the path, probes for pdflatex (PDF reporting is optional), and caches the toolbox root for downstream calls.

To unload the toolbox:

rise_exit

1.3. Smoke test

After rise_startup:

m = dsge_model('mymodel.rs');
m = solve(m);
print_solution(m);

If the model parses, the symbolic derivatives compute, and the solution prints, you are ready for the First model chapter.

1.4. Optional tooling

  • pdflatex (MiKTeX on Windows, MacTeX on macOS) – enables PDF reporting via rise_report. RISE warns and disables PDF reporting if it is missing; this is not an error.

  • sphinx-build + sphinxcontrib-bibtex + a TeX distribution – required only to rebuild this documentation locally.