In Smets-WoutersAER 2007, I cannot reproduce their counterfactual in Table 6 with respect to shocks and structure (I can only reproduce the counterfactual on "policy" -- that I did either by changing the mode file specific parameters, or by fixing the values of the parameters in the mod file appropriately. Am I doing the right thing, or are the authors (SW) possibly wrong in the table? (unlikely, because this is a very well written AER paper). How does one actually implement counterfactuals in Dynare?
Thank you for any help/comment.
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Counterfactuals in Smets-Wouters (AER 2007)
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
1 post
• Page 1 of 1
Counterfactuals in Smets-Wouters (AER 2007)
by Pert » Fri Sep 10, 2010 11:29 am
- Pert
- Posts: 14
- Joined: Thu Dec 03, 2009 8:54 am
1 post
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 4 guests