I am learning to use ramsey_policy command. I note that the resulting irfs has 40 periods by default. However, I want to look at longer periods. So I add "periods=100" as an option
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ramsey_policy(planner_discount=0.95,instruments=(r), periods=100);
however, dynare reports error:
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STOCH_SIMUL error: The horizon of simulation is shorter than the number of observations to be dropped.
STOCH_SIMUL error: Either increase options_.periods or decrease options_.drop.
I am wondering if there's any way that I can specify the periods when dynare do the ramsey policy optimization. I attached a simple NK model as an example.