Case Study: University of Wisconsin achieves faster, prototype-friendly economics research by transitioning to Fortran with Rogue Wave Software's IMSL Fortran Library

University of Wisconsin Professor Selects the IMSL® Fortran Library for Economics Research

A professor in the Department of Economics at the University of Wisconsin needed to move research and teaching code from high-level environments (MATLAB and Gauss) to Fortran to get faster execution without losing the ability to prototype quickly. To ease this transition he selected Rogue Wave Software’s IMSL Fortran Library as the numerical foundation for his work.

Rogue Wave Software’s IMSL Fortran Library supplied prebuilt mathematical routines (including gradient-based and interpolation functions) that sped development, simplified prototyping, and enabled efficient Fortran implementations of models such as a worker search-intensity study. The library accelerated the move to faster-executing code, continues to be used across projects, and helped produce measurable research findings—e.g., a modeled negative relationship between search intensity and savings showing wealthier individuals experience longer unemployment durations.

University of Wisconsin

Rasmus Lentz

Professor, Dept. of Economics