Hello,
I would like to seek your help in addressing the below comment,
“Produce a variance decomposition and a table of persistence properties of the key aggregates of the economy under consideration, and then try to generate a calibration of the AR1 coefficients and standard deviations of the main shocks to match those data reasonably well.”
Is it possible to do this in dynare? If yes, please could you detail about the method.
Many thanks
Ammu