After solving the DSGE model by dynare which have a productivity/TFP shock, I want to check if the model can account for the recession in 2008.
The TFP shock is log AR(1): ln(A) = \rho ln(A(-1) + eA
So now I have the position function solved by Dynare, and the data series of TFP.
My plan is to find out the simulated paths from the model for some important variables like output, consumption, investment. Then compare those simulated paths with the paths created from real data 10 years from the recession.
But I am still struggling with how to produce the simulated paths from the model solution and data on the TFP?
Could any one here give me a suggestion?