I'm a new user of dynare and don't have much experience in using it.
However, I have to use a shock of Markov chain instead of using a AR(1) shock.
I have searched in user guide and haven't found how to add such kind of shock?
Can any person help me with it.? Thank you very much.
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Help:How to use a shock of Markov chain?
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Help:How to use a shock of Markov chain?
by shufecj » Fri Jul 22, 2011 5:44 am
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Re: Help:How to use a shock of Markov chain?
by MichelJuillard » Tue Aug 02, 2011 8:09 pm
There is not provision for Markov shocks in Dynare.
Best
Michel
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Michel
- MichelJuillard
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