Deriving IRFs for different shocks

Occbin
1

Hello everyone, I am new to Dynare and have a maybe dumb question here. I have already written the mod file and successfully generated some IRFs. But my goal is to draw graphs of IRFs of several different shocks (e.g. IRF of 1 unit of shock A, IRF of 1 unit of shock B,…) So far I can only do this by modifying the mod file everytime I want a new IRF, and I wonder if there are any easier ways (like using a loop) to do it. Thank you for your time!

2

You should be getting an IRF for each shock declared in the shocks-block.

3

Thanks for your answers, professor, but when I include two shocks in the shocks -block, it ends up showing only one graph. Below is my code after laying out the model equations:

steady;

check;

shocks(surprise);

var efc;

periods 1:4,5;

values 0,1;

var ete;

periods 1:4,5;

values 0,1;

end;

occbin_setup;

occbin_solver(simul_periods=20,simul_check_ahead_periods=200);

occbin_graph logYe logYc logCe logCc logIe logIc CPIe CPIc;

4

Your question was posted in the wrong category. For OccBin that is indeed not feasible. You need to conduct a separate simulation for each shock scenario as there is no recursive policy function to use.

5

Thank you professor, and sorry for my wrong categorizing.