Hi, I am estimating permanent shocks in a perfect foresight model by fitting the model to the data. Is there any command like set_param_value that I can use to reset the shock variables (or exogenous variables)? I have tried to assign new values to oo_.endo_simul, but it didn’t work. (which I mea…

Hi, the necessary approach has been discussed in [image] Optimal Monetary Policy with nonlinear loss function Optimal Policy Just set the respective entry in oo_.exo_simul in the loop and then call perfect_foresight_solver

Loop over permanent shocks

Estimation

jpfeifer 28 September 2018 10:26 2

Hi, the necessary approach has been discussed in