From 7a3b5dbb26ac434ba05fb6529764cf5b6530566d Mon Sep 17 00:00:00 2001
From: Johannes Pfeifer <jpfeifer@gmx.de>
Date: Tue, 21 Sep 2021 13:10:58 +0200
Subject: [PATCH] Manual: further details on evaluate_planner_objective
[skip CI]
(cherry picked from commit f097d7c4b57187145f7d3a50260a38de712f56f3)
---
doc/manual/source/the-model-file.rst | 6 +++++-
1 file changed, 5 insertions(+), 1 deletion(-)
diff --git a/doc/manual/source/the-model-file.rst b/doc/manual/source/the-model-file.rst
index 7b1bc829da..5bd3ea664d 100644
--- a/doc/manual/source/the-model-file.rst
+++ b/doc/manual/source/the-model-file.rst
@@ -10225,6 +10225,10 @@ with ``discretionary_policy`` or for optimal simple rules with ``osr``
the exogenous shocks. The latter are specified using the perfect foresight syntax
of the shocks-block.
+ At the current stage, the stochastic context does not support the ``pruning`` option.
+ At ``order>3``, only the computation of conditional welfare with steady state Lagrange
+ multipliers is supported.
+
*Example (stochastic context)*
::
@@ -10279,7 +10283,7 @@ with ``discretionary_policy`` or for optimal simple rules with ``osr``
to 0, i.e. it is assumed that the planner exploits its
ability to surprise private agents in the first period of
implementing Ramsey policy. This value corresponds to the planner
- implementating optimal policy for the first time and committing not to
+ implementing optimal policy for the first time and committing not to
re-optimize in the future.
--
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