44 lines
557 B
PHP
44 lines
557 B
PHP
|
var Y_obs P_obs junk1 junk2;
|
||
|
varexo e_y e_p eps_junk;
|
||
|
|
||
|
parameters rho_y rho_p g_y g_p sigma_y sigma_p;
|
||
|
|
||
|
rho_y=0.5;
|
||
|
rho_p=0.5;
|
||
|
g_y=0.0001;
|
||
|
g_p=-0.0001;
|
||
|
sigma_y=0.001;
|
||
|
sigma_p=0.001;
|
||
|
|
||
|
|
||
|
model;
|
||
|
Y_obs = rho_y*Y_obs(-1)+sigma_y*e_y;
|
||
|
P_obs = rho_p*P_obs(-1)+sigma_p*e_p;
|
||
|
junk1 = 0.9*junk1(+1);
|
||
|
junk2 = 0.9*junk2(-1)+eps_junk;
|
||
|
|
||
|
end;
|
||
|
|
||
|
steady_state_model;
|
||
|
Y_obs = 0;
|
||
|
P_obs = 0;
|
||
|
junk1=0;
|
||
|
junk2=0;
|
||
|
end;
|
||
|
|
||
|
|
||
|
shocks;
|
||
|
var e_p; stderr 1;
|
||
|
var e_y; stderr 1;
|
||
|
var eps_junk; stderr 1;
|
||
|
end;
|
||
|
|
||
|
steady;
|
||
|
|
||
|
varobs P_obs Y_obs junk2;
|
||
|
|
||
|
observation_trends;
|
||
|
P_obs (g_p);
|
||
|
Y_obs (g_y);
|
||
|
end;
|