Forecasting in Dynare

[Grant]

Dear Jpfeifer,

Here attached the log file.

Thanks for your help.

Regards,

[jpfeifer]

I found the source of the problem. It has been fixed in the unstable version from 04/15/15

[Ravelomanana]

After running an estimation and use the forecast option I get two different results related to the forecasting. So this is my question:
What is the difference between mean and point forecast?

[jpfeifer]

Take a look at Pfeifer (2014): An Introduction to Graphs in Dynare at https://sites.google.com/site/pfeiferecon/Pfeifer_2014_Dynare_graphs.pdf
The point forecast is the forecast that does not take the potential occurrence of future shocks into account:

The mean forecasts only take the parameter
uncertainty into account, but omit the uncertainty about future shocks. Future shocks are
averaged out/set to 0.

In contrast to the mean forecasts,
the points forecast not only take the parameter uncertainty into account, but also take into
consideration the uncertainty about future shocks.