If I have the results of my RBC model, how can I calculate, for example, the Consumption-to-GDP ratio, and then compute its mean and variance in Dynare?
Thanks…
If I have the results of my RBC model, how can I calculate, for example, the Consumption-to-GDP ratio, and then compute its mean and variance in Dynare?
Thanks…
You can define a new variable c_y_ratio=c/y
. Dynare will then show its mean and variance if you compute moments with stoch_simul
. Of course, that requires a model that is not linearized.