Example1.mod: addition of an extra endogenous variable
Posted: Fri Jun 23, 2006 4:58 pmHi,
I have tried adding one new variable into the example1.mod of standard Dynare distribution. I wanted to calculate investment. Thus, I have inserted a new variable, x. See attached example1_x.mod.
I found the numerical results on to be a bit strange. In comparison with example1.log, I found the moments, correlation and autocorrelation of simulated variables to be different? Is this due to the random shocks at the stochastic sim? Or am I missing something?
Also, how do I interpret the "inf" eignevalues in the check function.
Will appreciate advice.
Thanks so much, Learning
I have tried adding one new variable into the example1.mod of standard Dynare distribution. I wanted to calculate investment. Thus, I have inserted a new variable, x. See attached example1_x.mod.
I found the numerical results on to be a bit strange. In comparison with example1.log, I found the moments, correlation and autocorrelation of simulated variables to be different? Is this due to the random shocks at the stochastic sim? Or am I missing something?
Also, how do I interpret the "inf" eignevalues in the check function.
Will appreciate advice.
Thanks so much, Learning