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Replicating the history

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Replicating the history

Postby jmaih » Mon May 29, 2006 5:43 pm

Dear Michel,
Suppose in a model you have an equation of the form Z=e; where e is exogenous. In terms of smoothed variables, what the version of dynare we are using returns for Z is the lagged values of e. Shouldn't the smoothed values of Z be equal to those of e?

Thanks,
Junior
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Postby MichelJuillard » Tue May 30, 2006 10:26 am

Dear Junior,

this is weird, can you send me an example?

Best

Michel
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Postby jmaih » Tue May 30, 2006 11:46 am

Dear Michel,
Thanks for the reply. A simple example was sent to you on your ens.fr email.

Junior
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