I am a complete beginner to dynare. I am using it in my master thesis to simulate what happens if two countries, Home and Foreign, share an unemployment insurance (inspired by Moyen, Stähler, and Winkler). I have an extremely simple model where I would like to simulate diverging business cycles. That means, the same shock is affecting Home negatively and Foreign positively.
My question is, how can I reverse the shock in the period when the things have returned to the steady state? In other words, how do I generally introduce a stochastic shock at a later period?
I hope this is not too stupid a question. I would also like to thank you for this fantastic forum which is the best resource about dynare available!
Thank you very much for your response. No, the reversal is not known in advance. The idea is that a boom turns later into a bust, after let’s say 100 periods. So I would like to introduce a second stochastic shock (“e_f”) at the 101st period.
I tried to write such shock matrix (here: model_notr_rever.mod (3.7 KB)
) but everything still happens only in the first period. Either I didn’t do it right or it is not what I need. Maybe you have another hint for me? Thank you so much!
Now that I managed to simulate my shocks, I am struggling to access the statitistics of the simulation. What dynare shows me as default output, seems to be the statistics of the stoch_simul which I run first. How do I let it show me the output of my simult_ command? I am interested in means and standard deviations.
