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Dynare
dynare
Commits
82572c87
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Commit
82572c87
authored
3 years ago
by
Johannes Pfeifer
Committed by
Sébastien Villemot
3 years ago
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manual: clarify moment_calibration
(cherry picked from commit
259fe492
)
parent
a7973d7a
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Pipeline
#6593
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3 years ago
Stage: build
Stage: test
Stage: pkg
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doc/manual/source/the-model-file.rst
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-4
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doc/manual/source/the-model-file.rst
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82572c87
...
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@@ -11156,7 +11156,10 @@ IRF and moment calibration can be defined in ``irf_calibration`` and
When ``(INTEGER:INTEGER)`` is used, the restriction is considered
to be fulfilled by a logical OR. A list of restrictions must
always be fulfilled with logical AND.
always be fulfilled with logical AND. The moment restrictions generally apply to
auto- and cross-correlations between variables. The only exception is a restriction
on the unconditional variance of an endogenous variable, specified as shown in
the example below.
*Example*
...
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@@ -11164,12 +11167,12 @@ IRF and moment calibration can be defined in ``irf_calibration`` and
moment_calibration;
y_obs,y_obs, [0.5, 1.5]; //[unconditional variance]
y_obs,y_obs(-(1:4)), +; //[sign restriction for first year a
cf
with logical OR]
y_obs,y_obs(-(1:4)), +; //[sign restriction for first year a
utocorrelation
with logical OR]
@#for ilag in -2:2
y_obs,R_obs(@{ilag}), -; //[-2:2 c
cf
with logical AND]
y_obs,R_obs(@{ilag}), -; //[-2:2 c
ross correlation
with logical AND]
@#endfor
@#for ilag in -4:4
y_obs,pie_obs(@{ilag}), -; //[-4_4 c
cf
with logical AND]
y_obs,pie_obs(@{ilag}), -; //[-4_4 c
ross correlation
with logical AND]
@#endfor
end;
...
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