when I type and run Dynare code there are no time series for estimation the variables like (Capital, GDP, Consumption) as in Eviews or other software which require time series.
Sorry, but what exactly is your question?
Thanks for your reply
look at the image it is for Dynare code, there is not any time series data, so how we can estimate DSGE model without Data for these variables, and how we get the graphs for Impulse-response functions to a shock
Because your codes is not for an estimated model, but for a model that simulates an artificial economy.
Thanks for your reply
So, what I get is all Dynare code for solving DSGE mode like this, and no need for time series data at all, what I mean we don’t use any time series data for any DSGE model.
Yes, that is correct.
Thank you so much for your reply
So could you please explain for me, why don’t need any time series data for any DSGE Model,
If you are simulating a purely theoretical economy, why would you need data from an actual economy? The tricky part is fixing the parameter values, but if you know which parameters to assign then you are fine.
So we use DSGE model for simulating theoretical economy, not real or actual economy .
That depends on what you want to do. For the code you posted, that is correct.
What do you with depends on, I need more explanation، sorry for these questions
It depends on whether you want to analyze a purely artificial economy or a particular country in a particular time period. You are the model builder. You decide what you want to achieve.
What I understood of your saying
It depends on whether you want to analyze a purely artificial economy or a particular country in a particular time period. You are the model builder
We can use time series data in DSGE Model