Hi, everyone,
I am studying the dynare example :RBC_news_shock_model.mod.
It tells how to simulate an unrealized shock in deterministic circumstance, using the command:"y2 = simult_(temps,oo_.dr,shock_matrix,1);"
My quesion is , how to simulate an unrealized shock in stochastic circumstance, using "stoch_simul".
It seems not possible to directly make stochastic IRF in the future, in the dynare circumstance.
So how should I work that out?
Thanks