oo_.forecast missing

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oo_.forecast missing

Postby mgestsson » Thu Aug 11, 2011 4:36 pm

Hi,
I am using Dynare 4.2.1 to do forecasting using the forecast option of the estimation command. In my command window (of Matlab) everything looks successful but when I look for the oo_.forecast field it is missing. When I write it in my mod file Dynare returns the message:
??? Reference to non-existent field 'forecast'.
Has anybody had this problem before? Any suggestsions on what might be wrong?
Bests wishes,
Marias
mgestsson
 
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Re: oo_.forecast missing

Postby MichelJuillard » Fri Aug 12, 2011 8:22 pm

This is an error in the Reference Manual. When you compute the posterior distribution of forecast (after Metropolis iterations), the forecast are saved in oo_.MeanForecast (taking into account uncertainty of parameters but not of future shocks) and oo_.PointForecast (taking into account uncertainty of parameters and uncertainty of future shocks)

Best

Michel
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