two periods ahead expectations
Posted: 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
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