Forecast of endogenous variables given past and future exogenous shocks

[jpfeifer]

Please have a look at

Counterfactual analysis in Dynare with shocks shut to 0 for a time period

Dear all, I am trying to run a counterfactual analysis in dynare. I use a log-linear calibrated model with the following data: output (y_obs), inflation (pi_c_obs), exports (ex_obs) and imports (im_obs). Their theoretical counterparts are: y_h, pi_c_h, ex_h and im_h. The model has two shocks: eps_d (terms of trade shocks) and eps_y (foreign output shocks). I would like to compare the results between the actual scenario, where the terms of trade shocks (eps_d) are positive from period 0 to 142,…