Cumulative multipliers in Dynare

General DSGE Modeling
1

Hello,

I have successfully run the code for my model in Dynare and get the IRF’s.
In reviewing the results of my model, I would also like to look at the cumulative multipliers for government investment and consumption next to the impact multipliers. I have already calculated the impact multipliers, but I am not sure how to do the cumulative multipliers in Dynare.

I have tried it like this
cummultyi=(sum(y_epsi)/sum(gi_epsi))
cummultyc=(sum(y_epsc)/sum(gc_epsc))

I do not know whether this would be correct?

Thanks in advance
Lennert Jacobs

2

If those are the IRFs, then it should be OK (sometimes there is discounting, but this is a choice)

1 Like
3

Yes, those are the IRF’s. Thank you!