Correction in the forecasting section
parent
11e151547c
commit
4a465f2d07
|
@ -4788,7 +4788,7 @@ the restricted paths. Use @code{conditional_forecast},
|
||||||
@code{conditional_forecast_paths} and @code{plot_conditional_forecast}
|
@code{conditional_forecast_paths} and @code{plot_conditional_forecast}
|
||||||
for that purpose.
|
for that purpose.
|
||||||
If the model contains strong non-linearities, the conditional forecasts
|
If the model contains strong non-linearities, the conditional forecasts
|
||||||
can be computed using an extended path method with the @code{simulation}
|
can be computed using an extended path method with the @code{simulation_type}
|
||||||
option in @code{conditional_forecast} command set to @code{deterministic}.
|
option in @code{conditional_forecast} command set to @code{deterministic}.
|
||||||
Because in this case deterministic simulations are carried out,
|
Because in this case deterministic simulations are carried out,
|
||||||
the nature of the shocks (surprise or perfect foresight) has to be indicated
|
the nature of the shocks (surprise or perfect foresight) has to be indicated
|
||||||
|
|
Loading…
Reference in New Issue