questions about the moment calculation of news shock
Posted: Mon Jan 02, 2017 3:28 pm
Dear all ,
I am now working on news shock topic and are learning by studying the typical example: https://github.com/JohannesPfeifer/DSGE ... _model.mod
I am confused that, If I used the command:
simult_
that split the whole simulation into two , or to say , like starting a new simulation.
In this way we can simulate the path of an unrealized shock.
So my question is , now what the second moment in the oo file refer to? the whole simulation? the second moment after "simult_"?
and if I want to do some welfare analysis under unrealized shock circumstance , what is the right way?
Thanks.
I am now working on news shock topic and are learning by studying the typical example: https://github.com/JohannesPfeifer/DSGE ... _model.mod
I am confused that, If I used the command:
simult_
that split the whole simulation into two , or to say , like starting a new simulation.
In this way we can simulate the path of an unrealized shock.
So my question is , now what the second moment in the oo file refer to? the whole simulation? the second moment after "simult_"?
and if I want to do some welfare analysis under unrealized shock circumstance , what is the right way?
Thanks.