dynare/tests/deterministic_simulations/pfwee.csv

Exo,x,x,x,x,x,x,x
Period (info),1,2,3,4,5,6,7
Terminal,1,1.1,1.2,1.2,1.2,1.1,1.1
Period 1 (real),1.2,,,,,,
Period 2 (real),1,1.3,,,,,
Period 3 (real),1,1,1.4,,,,
Period 4 (real),1,1,1,1,,,
Period 5 (real),1,1,1,1,1,,
Period 6 (real),1,1,1,1,1,1.1,
Period 7 (real),1,1,1,1,1,1.1,1.1
New perfect_foresight_with_expectation_errors_{setup,solver} commands These command solve the problem where agents think they know perfectly the future (they behave as in perfect foresight), but make expectation errors. Hence they can potentially be surprised in every period, and their expectations about the future (incl. the final steady state) may change. Currently the sequence of information sets needs to be passed through a CSV file. Another interface may be added in the future. The algorithm uses a sequence of (true) perfect foresight simulations (not necessarily as many as there are periods, because if the information set does not change between two periods, there is no need to do a new computation). There are two possibilities for guess values: — the default is to use the initial steady state for the simulation using the first-period information set; then use previously simulated values as guess values — alternatively, with the terminal_steady_state_as_guess_value option, use the terminal steady state as guess value for all future periods (this is actually what the “true” perfect foresight solver does by default) 2021-07-09 18:12:10 +02:00			`Exo,x,x,x,x,x,x,x`
			`Period (info),1,2,3,4,5,6,7`
			`Terminal,1,1.1,1.2,1.2,1.2,1.1,1.1`
			`Period 1 (real),1.2,,,,,,`
			`Period 2 (real),1,1.3,,,,,`
			`Period 3 (real),1,1,1.4,,,,`
			`Period 4 (real),1,1,1,1,,,`
			`Period 5 (real),1,1,1,1,1,,`
			`Period 6 (real),1,1,1,1,1,1.1,`
			`Period 7 (real),1,1,1,1,1,1.1,1.1`