Forecasts using Ramsey optimal policy

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Forecasts using Ramsey optimal policy

Postby felipeboralli » Fri Feb 10, 2017 12:17 pm

Hello, I would like to make a forecast from a given state using Ramsey Optimal Policy. Is this possible?
I have tried to find this in the documentation, but I could not.

I also thought about stacking impulse responses to form a forecast, but in the context of optimal policy, I think they are not linearly stackable if I use a quadratic loss function.
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Re: Forecasts using Ramsey optimal policy

Postby jpfeifer » Sat Feb 11, 2017 6:50 am

You should be able to call the
Code: Select all
forecast

command after the
Code: Select all
ramsey_policy

command (alternatively after a combination of ramsey_model and stoch_simul)
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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Re: Forecasts using Ramsey optimal policy

Postby felipeboralli » Mon Feb 13, 2017 1:18 pm

Thank you
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