I run the third-order simulation and try to obtain the standard deviation but the problem is
Error in dynare (line 223)
Anyone can tell me how to solve this problem ?
and suggest me code to find the correlation, i.e first order autocorrelation of y; or between y and c, y and pi for example after using third-order simulation like this
Any advice is greatly appreciate.
ThankModel_Uncertainty5.mod (11.6 KB)
The problem is that theoretical moments at
order=3 are not yet implemented and you did not request simulated moments.
How to set this? I just know how to set it for estimation but not sure for simulation? please help me on that
If you really require the moments, set the
If I want to compute the cross correlation between two variables after third order simulation like this. How can I do this? For example, I want to compute correlation between y and c. Please show me the way to write this
See the manual on the