diff --git a/doc/dynare.texi b/doc/dynare.texi index 135b45dc2b04f0beaba33fd0f2fb4c8339ac9abe..8a6063e7a85b9aa26cd2adcb9eb3eebcd5cbfd46 100644 --- a/doc/dynare.texi +++ b/doc/dynare.texi @@ -2901,16 +2901,16 @@ See below. @item conditional_variance_decomposition = [@var{INTEGER1} @var{INTEGER2} @dots{}] Computes a conditional variance decomposition for the specified -period(s). Conditional variances are given by +period(s). The periods must be strictly positive. Conditional variances are given by @math{var(y_{t+k}|t)}. For period 1, the conditional variance decomposition provides the decomposition of the effects of shocks upon impact. The results are stored in -@var{oo_.conditional_variance_decomposition} +@code{oo_.conditional_variance_decomposition} (@pxref{oo_.conditional_variance_decomposition}). @item pruning Discard higher order terms when iteratively computing simulations of -the solution, as in @cite{Schaumburg and Sims (2008)}. +the solution, as in @cite{Kim, Kim, Schaumburg and Sims (2008)}. @item partial_information @anchor{partial_information} diff --git a/matlab/conditional_variance_decomposition.m b/matlab/conditional_variance_decomposition.m index b9893ad4e10d28a8d9309f77d1a0b14fb91b73ad..806fe94ba31df6ab904cd0b24f7d12698cdc76fd 100644 --- a/matlab/conditional_variance_decomposition.m +++ b/matlab/conditional_variance_decomposition.m @@ -33,6 +33,11 @@ function ConditionalVarianceDecomposition = conditional_variance_decomposition(S % You should have received a copy of the GNU General Public License % along with Dynare. If not, see <http://www.gnu.org/licenses/>. +if any(Steps <= 0) + error(['Conditional variance decomposition: All periods must be strictly ' ... + 'positive']) +end + number_of_state_innovations = ... StateSpaceModel.number_of_state_innovations; transition_matrix = StateSpaceModel.transition_matrix;