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Footnotes

(1)

Note that arbitrary MATLAB or Octave expressions can be put in a ‘.mod’ file, but those expressions have to be on separate lines, generally at the end of the file for post-processing purposes. They are not interpreted by Dynare, and are simply passed on unmodified to MATLAB or Octave. Those constructions are not addresses in this section.

(2)

In particular, for big models, the compilation step can be very time-consuming, and use of this option may be counter-productive in those cases.

(3)

See option conf_sig to change the size of the HPD interval

(4)

See option conf_sig to change the size of the HPD interval

(5)

When the shocks are correlated, it is the decomposition of orthogonalized shocks via Cholesky decomposition according to the order of declaration of shocks (see section Variable declarations)

(6)

See forecast for more information

(7)

In case of Excel not being installed, https://mathworks.com/matlabcentral/fileexchange/38591-xlwrite--generate-xls-x--files-without-excel-on-mac-linux-win may be helpful.

(8)

See option conf_sig to change the size of the HPD interval

(9)

See option conf_sig to change the size of the HPD interval

(10)

If you want to align the paper with the description herein, please note that $A$ is $A^0$ and $F$ is $A^+$.

(11)

An example can be found at https://github.com/DynareTeam/dynare/blob/master/tests/ms-dsge/test_ms_dsge.mod.


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