Simulations in Dynare

[mbov]

Hi there,

Is it possible in Dynare to obtain simulated data (simulated realisations) after bayesian estimation so that you can run regression with the simulated output?
Ie, obtain simulations of the endogenous variables in the model? Is this what the "policy and transition functions" output presents?

Thanks

[jpfeifer]

No, this is not what

policy and transition functions

mean. These are the rules for computing simulations.
To your question: after estimation, you can include a call to

Code: Select all

stoch_simul

with the

Code: Select all

periods

option. This allows you to generate simulated data at the posterior mean. Things are more complicated if you want to simulate series from the whole posterior distribution instead of the mean/mode.

[mbov]

Thank you for your help