Variance Decomposition in DSGE estimation

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Variance Decomposition in DSGE estimation

Postby pedroac81 » Fri Sep 11, 2009 10:32 pm

Hi,

I have estimated a DSGE model (as in Lubik and Schorfheide 2007) and now I am trying to get the variance decompositions. For this I include the command "moments_varendo" after the estimation command.
I have two questions:
1) Is the command "moments_varendo" appropriate for this? As below:
estimation (datafile=chile,nobs=98,mh_replic=50000,mode_compute=4,mh_nblocks=2,mh_drop=0.45,mh_jscale=0.65,bayesian_irf,moments_varendo);

2) I am not able to find the result from the output decomposition. The only thing I could find is a 1000x65 matrix with name "modfilename_PosteriorVarianceDecomposition1" (this is a MAT file) in the metropolis file created after the estimation. I am not sure if I am not being able to find the result or interpret the results.

Thanks for any comment.

Best,
Pedro
pedroac81
 
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