Deterministic simulation

Dynare help (legacy posts)
1

Hi,

I currently switched to 4.3.0 from some earlier version 4. At the same time I missed the possibility to make permanent deterministic shocks.

varexo_det
ASGDPV

[model]

initval;
ASGDPV = 1.1
end;
steady;

endval;
ASGDPV = 1.05;
end;
steady;

stoch_simul(irf=0, order=1, nograph, noprint);

forecast(periods=200);

oo_.forecast.Mean used to contain the transition bath form initial ss to new ss. With 4.3.0 there is only new ss figures.

What has changed and do I need to modify the model to be able to make persmament shocks.

Sincerely,

Jukka

2

Can you please post the MOD file, in order to determine if this may a bug in Dynare?

3

Here is the file I’m usinf for deterministic simulations. With version 4.2.0 i can simulate the transition path from one ss to an other, but with 4.3.0 not.

Jukka
Aino_TAXK_clean.mod (22.5 KB)

4

With Dynare 4.3.3, I am able to run the MOD file without any error.