modelling anticipated shocks
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There is nothing difficult here but this example shows how to incorporate anticipated shocks into a Dynare program. In particular, this is a matching model in which shocks are known 12 periods in advance. The code can be found at
http://www1.fee.uva.nl/mint/wdenhaan/so ... simple.mod
and the corresponding paper at
http://www1.fee.uva.nl/mint/wdenhaan/papers/bc.pdf
http://www1.fee.uva.nl/mint/wdenhaan/so ... simple.mod
and the corresponding paper at
http://www1.fee.uva.nl/mint/wdenhaan/papers/bc.pdf