IRF in DSGE

Discussion of State Space and Dynamic Stochastic General Equilibrium Models

IRF in DSGE

Postby ecrgap » Tue Apr 06, 2010 11:42 am

Hi all,

I was wondering how could we group the impulse response function graphs for inflation for example in one graph under alternative interest rate rules, in order to compare the efficiency of the rules?

Thanks in advance
ecrgap
 
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Re: IRF in DSGE

Postby TomDoan » Wed Apr 07, 2010 9:25 am

At http://www.estima.com/forum/viewtopic.php?f=7&t=58

I've posted an updated version of DLMIRF which allows you to save the calculated responses and also suppress the standard graph. If you have several different state space representations of a dynamical system, you can do @DLMIRF on each (putting the results into separate RECT[SERIES]), then mix and match the output series in your graphs. That's what's done in the example on that page.
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Re: IRF in DSGE

Postby ecrgap » Wed Apr 07, 2010 11:12 am

Thanks a lot Tom
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