Feed observed shocks to the model

[jpfeifer]

Within mod-files, you can use Matlab code to load anything you want. To feed in observed shocks, you need the simult_-function. You might find

Choosing initial values for simult_

Please try clear; close all; clc dynare jules1.mod %set shocks ex_=]; for shock_iter=1:M_.exo_nbr ex_=[ex_ oo_.SmoothedShocks.Mean.(deblank(M_.exo_names(shock_iter,:)))]; end %use shocks only starting at t=2 due to t=1 being initial condition ex_ = ex_(2:end,:); %set starting values y0=]; for endo_iter=1:M_.endo_nbr y0 = [y0; oo_.SmoothedVariables.Mean.(deblank(M_.endo_names(endo_iter,:)))(1)]; end; %make sure decision rules were updated [oo_.dr,info,M_,options_] = resol(0,M_,options_,oo_…

useful. Note that the syntax for simult_ has changed a bit in Dynare 4.6. See DSGE_mod/RBC_news_shock_model/RBC_news_shock_model.mod at master · JohannesPfeifer/DSGE_mod · GitHub