anticipated and unanticipated shock
Posted: Thu Nov 19, 2015 12:41 pm
Hello everybody,
I have a model , that I attach the file,and now I want to examine my model once with unanticipated shock epsilonm=-gammap*infl-gammayg*yg-rho*m(-1)-gammao*po for periods t=1 to 4
and for other periods this shock is :epsilonm=rhom*epsilonm(-1)+epsah
my model with anticipated shock :
epsilonm=0 for t=1 to 4
epsilonm=rhom*epsilonm(-1)+epsah for other periods
but I don't know how do I write this equation in dynare? and where do I write this equation in dynare?
I have a model , that I attach the file,and now I want to examine my model once with unanticipated shock epsilonm=-gammap*infl-gammayg*yg-rho*m(-1)-gammao*po for periods t=1 to 4
and for other periods this shock is :epsilonm=rhom*epsilonm(-1)+epsah
my model with anticipated shock :
epsilonm=0 for t=1 to 4
epsilonm=rhom*epsilonm(-1)+epsah for other periods
but I don't know how do I write this equation in dynare? and where do I write this equation in dynare?