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manual: clarify moment_calibration

mr#1991
Johannes Pfeifer 2022-01-05 11:31:17 +01:00
parent c1034e39dd
commit 259fe492e8
1 changed files with 7 additions and 4 deletions
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11
doc/manual/source/the-model-file.rst
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@ -11286,7 +11286,10 @@ 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*
@ -11294,12 +11297,12 @@ 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;