Plotting simulated dynamics instead of IRFs

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Plotting simulated dynamics instead of IRFs

Postby ReskandariOMID » Sat Sep 19, 2015 9:47 pm

Hi all,
I am interested in getting simulated dynamics of variables (like GDP) to shocks (like TFP), instead of plotting IRFs. In fact I would like to plot the responses of variables (GDP) to the sequence of shocks (TFP), instead of Impulse responses to a one-time shock. Any suggestion would be greatly appreciated.
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Re: Plotting simulated dynamics instead of IRFs

Postby jpfeifer » Mon Sep 21, 2015 7:10 am

When specifying the periods option, Dynare will simulate stochastic series. They can be plotted e.g. using
Code: Select all
rplot y;

If you want to specify your own shocks, you need to use the simult_ function. See e.g. https://github.com/JohannesPfeifer/DSGE_mod/tree/master/RBC_news_shock_model
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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Re: Plotting simulated dynamics instead of IRFs

Postby ReskandariOMID » Wed Sep 23, 2015 8:51 pm

Thank you very much Johannes.
I am replicating Jermann & Quadrini (AER-2012).
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