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Make conditional forecasts compatible with histval

time-shift
Johannes Pfeifer 2014-12-06 21:40:02 +01:00 committed by Johannes Pfeifer
parent ad66a7bb35
commit 58387f00e9
1 changed files with 6 additions and 1 deletions
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7
matlab/imcforecast.m
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@ -133,7 +133,12 @@ end
sQ = chol(M_.Sigma_e,'lower');
if ~estimated_model
InitState(:,1) = oo_.steady_state(oo_.dr.order_var)-ys(oo_.dr.order_var,:); %initial state in deviations from steady state
if isempty(M_.endo_histval)
y0 = ys;
else
y0 = M_.endo_histval;
end
InitState(:,1) = y0(oo_.dr.order_var)-ys(oo_.dr.order_var,:); %initial state in deviations from steady state
trend = repmat(ys(oo_.dr.order_var,:),1,options_cond_fcst.periods+1); %trend needs to contain correct steady state
end
sQ = sqrt(M_.Sigma_e);