Oo_.mean from 3rd-order approximation?

Dynare help (legacy posts)
1

The 1st and 2nd order approximation give

but 3rd order approximation doesn’t. How to get the theoretical mean when I use 3rd order?

2

Most probably because you are requesting theoretical moments, which are not yet implemented at

If you use the

option, the field will be there.

3

Dear Prof. Pfeifer,

Thank you for the answer.

I add the option “periods” as follows,

stoch_simul(order = 3, periods=0, nograph, irf=0);
following the Dynare manual, which says “If different from zero, empirical moments will be computed instead of theoretical moments.”

However, I still couldn’t find oo_.meanDid I make a mistake using the “periods” option?

4

Your setting of

periods=0

is NOT

5

Oh I misread it. Thank you.