Specifying linear form for exogenous variables
Posted: Wed Jan 08, 2014 5:35 pmHi everyone,
I need a little bit help in implementing a linear function for an exogenous variable. For deterministic simulations I want to specify a process that moves from its initial value to its end value linearly and within a prespecified time horizon. Is that possible or do I have to specify all the values in the shock block? For longer horizons it might become tedious therefore my question. As an example variable x should go from 0 to 1 in 10 periods with linear increments of 0.1: {0, 0.1, 0.2, …, 1} – End value where it stays constant)
Best
I need a little bit help in implementing a linear function for an exogenous variable. For deterministic simulations I want to specify a process that moves from its initial value to its end value linearly and within a prespecified time horizon. Is that possible or do I have to specify all the values in the shock block? For longer horizons it might become tedious therefore my question. As an example variable x should go from 0 to 1 in 10 periods with linear increments of 0.1: {0, 0.1, 0.2, …, 1} – End value where it stays constant)
Best