Variance Decomposition
Posted: Thu Apr 21, 2016 2:43 am
Hi there,
I have a query on how the variance decomposition is conducted in Dynare. I obtain the forecast error variance decomposition results after running the simulations for a DSGE model. But I was wondering if there is any guide on the technical procedure of this exercise for a calibrated DSGE model.
Thanks in advance. Any help would be appreciated.
I have a query on how the variance decomposition is conducted in Dynare. I obtain the forecast error variance decomposition results after running the simulations for a DSGE model. But I was wondering if there is any guide on the technical procedure of this exercise for a calibrated DSGE model.
Thanks in advance. Any help would be appreciated.