Clarify the role of the loglinear option for stoch_simul

time-shift
Johannes Pfeifer 2014-01-29 19:42:23 +01:00
parent 3da8e92aa5
commit 6575d5ab5e
1 changed files with 5 additions and 1 deletions

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@ -3611,7 +3611,11 @@ The convergence criterion used in the logarithmic reduction algorithm. Its defau
The maximum number of iterations used in the logarithmic reduction algorithm. Its default value is 100.
@item loglinear
@xref{loglinear}.
@xref{loglinear}. Note that ALL variables are log-transformed by using the Jacobian transformation,
not only selected ones. Thus, you have to make sure that your variables have strictly positive
steady states. @code{stoch_simul} will display the moments, decision rules,
and impulse responses for the log-linearized variables. The decision rules saved
in @code{oo_.dr} and the simulated variables will also be the ones for the log-linear variables.
@end table