Dynare forums

Hi,

I have very simple quesion.
That is how to calibrate shocks' standard deviations in dynare.

Generally, parameters are calibrated, when their values are given before model block and are not written in estimated param block.
However, shocks' standard deviaitons are not written in this way, as far as I know.

Thanks in advance.

That is what the

Code: Select all

shocks;
end;

block is for.