two periods ahead expectations

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two periods ahead expectations

Postby dome » Tue Oct 27, 2009 1:46 pm

Hi,

I was wondering how can I express in Dynare expectations with an information set up to and including period t-1, of variables at period t+1, that is

E_t-1 x_t+1

If I define a new variable, s = x(+1) (in Dynare language) and then I take the lag s(-1), I only get E_t-1 x_t.
Can I just define p = x(+2) and then take p(-1) or there is another way to define two periods ahead expectations in Dynare?


Thanks a lot for any help, comment, suggestion.

dome
dome
 
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Re: two periods ahead expectations

Postby gbel » Tue Oct 27, 2009 2:13 pm

This is exactly how you do it. p = x(+2) and then take p(-1)
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Re: two periods ahead expectations

Postby dome » Tue Oct 27, 2009 2:29 pm

thanks!
dome
 
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Joined: Wed Jun 10, 2009 3:53 pm


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