Moments at 3rd order

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Moments at 3rd order

Postby bipaoli » Fri Oct 14, 2011 11:54 am

May I ask what is Dynare reporting when simulating the model to 3rd order, when there is no periods option? It states that the moments are theoretical but the manual says that these are not computed when doing 3rd order approximation.

Many thanks
bipaoli
 
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Re: Moments at 3rd order

Postby SébastienVillemot » Thu Oct 27, 2011 3:57 pm

This is a bug. The theoretical moments reported are just dummy. It should report nothing. This will be fixed in the next release.

Thanks for reporting this.
Sébastien Villemot
Economist at OFCE – Sciences Po
SébastienVillemot
 
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