Dynare forums

Hi,

I am working on the effect of investment specific news shock on business cycle. Even though the code run ,it gives me weird IRFs. I am wondering if is it possible to extract pure "permanent investment specific news shock" in dynare. There are examples available for transitory TFP news shock. or even permanent TFP news shock. But is there any example I can look for my particular interest on investment specific news shock?


Thanks

What exactly is your question? In Born/Peter/Pfeifer (2013): Fiscal news and macroeconomic volatility, Journal of Economic Dynamics & Control 37, p. 2582–2601, we have news on permanent investment-specific technology.

Hi,

I have send you my code and model in P.M.

Thanks

Ok, but it will be some time until I can look into it.

Thanks. No problem take your time.