Hi, I wonder whether Dnyare can do the estimation of exogenous shocks (declared in exovar in mod file) in a deterministic model? Is it possible to use MLE for a deterministic model? If so, is there any example code available? Thanks in advance!

For instance, I first declare the shock values in the parameter block and call them in the shock block.

varobs c;

…

exovar z ; // productivity

parameters; z1 z2 z3;

…

shocks;

var z

period 1:3;

values z1 z2 z3;

end;

…