Skip to content
Snippets Groups Projects
Verified Commit 82572c87 authored by Johannes Pfeifer's avatar Johannes Pfeifer Committed by Sébastien Villemot
Browse files

manual: clarify moment_calibration

(cherry picked from commit 259fe492)
parent a7973d7a
Branches
Tags
No related merge requests found
Pipeline #6593 passed
......@@ -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*
 
......@@ -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 acf with logical OR]
y_obs,y_obs(-(1:4)), +; //[sign restriction for first year autocorrelation with logical OR]
@#for ilag in -2:2
y_obs,R_obs(@{ilag}), -; //[-2:2 ccf with logical AND]
y_obs,R_obs(@{ilag}), -; //[-2:2 cross correlation with logical AND]
@#endfor
@#for ilag in -4:4
y_obs,pie_obs(@{ilag}), -; //[-4_4 ccf with logical AND]
y_obs,pie_obs(@{ilag}), -; //[-4_4 cross correlation with logical AND]
@#endfor
end;
 
......
0% Loading or .
You are about to add 0 people to the discussion. Proceed with caution.
Please register or to comment