Is it possible to use a shock with mean different from 0 in dynare? I have seen on dynare.wiki that the command "normcdf(x,m,s)" is for normal cumulative distribution function with mean m and standard deviation s, but I don't know how to apply it to my shock.
Thank you in advance
Andrea
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
shock mean
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
3 posts
• Page 1 of 1
shock mean
by gazzani.andrea » Mon Sep 05, 2011 8:17 am
- gazzani.andrea
- Posts: 34
- Joined: Thu Sep 01, 2011 5:30 am
Re: shock mean
by StephaneAdjemian » Mon Sep 05, 2011 9:59 am
Dear Andrea,
This is not possible. The exogenous variables are assumed to be zero mean. If you want to shift the mean you can add constants in your equations...
Best,
Stéphane.
This is not possible. The exogenous variables are assumed to be zero mean. If you want to shift the mean you can add constants in your equations...
Best,
Stéphane.
- StephaneAdjemian
- Posts: 429
- Joined: Wed Jan 05, 2005 4:24 pm
- Location: Paris, France.
Re: shock mean
by gazzani.andrea » Mon Sep 05, 2011 10:31 am
Thank you very much for the information and the suggestion
Andrea
Andrea
- gazzani.andrea
- Posts: 34
- Joined: Thu Sep 01, 2011 5:30 am
3 posts
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 13 guests