function print_expectations(eqname, expectationmodelname, expectationmodelkind, withcalibration) % Prints the exansion of the VAR_EXPECTATION or PAC_EXPECTATION term in files. % % INPUTS % - eqname [string] Name of the equation. % - epxpectationmodelname [string] Name of the expectation model. % - expectationmodelkind [string] Kind of the expectation model. % - withcalibration [logical] Prints calibration if true. % % OUTPUTS % None % % REMARKS % print_expectations creates two text files % % - {expectationmodelname}-parameters.inc which contains the declaration of the parameters specific to the expectation model kind term. % - {expectationmodelname}-expression.inc which contains the expanded version of the expectation model kind term. % % These routines are saved under the {modfilename}/model/{expectationmodelkind} subfolder, and can be % used after in another mod file (ie included with the macro directive @#include). % % print_expectations also creates a matlab routine to evaluate the expectations (returning a dseries object). % % The variable expectationmodelkind can take two values 'var' or 'pac'. % Copyright © 2018-2023 Dynare Team % % This file is part of Dynare. % % Dynare is free software: you can redistribute it and/or modify % it under the terms of the GNU General Public License as published by % the Free Software Foundation, either version 3 of the License, or % (at your option) any later version. % % Dynare is distributed in the hope that it will be useful, % but WITHOUT ANY WARRANTY; without even the implied warranty of % MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the % GNU General Public License for more details. % % You should have received a copy of the GNU General Public License % along with Dynare. If not, see . global M_ if nargin<4 || isempty(withcalibration) withcalibration = true; end % Check that the first input is a row character array. if ~isrow(eqname)==1 || ~ischar(eqname) error('First input argument must be a row character array.') end % Check that the second input is a row character array. if ~isrow(expectationmodelname)==1 || ~ischar(expectationmodelname) error('Second input argument must be a row character array.') end % Check that the third input is a row character array. if ~isrow(expectationmodelkind)==1 || ~ischar(expectationmodelkind) error('Third input argument must be a row character array.') end % Check that the value of the second input is correct. if ~ismember(expectationmodelkind, {'var', 'pac'}) error('Wrong value for the second input argument.') end % Check that the model exists. switch expectationmodelkind case 'var' if ~isfield(M_.var_expectation, expectationmodelname) error('VAR_EXPECTATION_MODEL %s is not defined.', expectationmodelname) else expectationmodelfield = 'var_expectation'; end case 'pac' if ~isfield(M_.pac, expectationmodelname) error('PAC_EXPECTATION_MODEL %s is not defined.', expectationmodelname) else expectationmodelfield = 'pac'; end otherwise end % Get the expectation model description expectationmodel = M_.(expectationmodelfield).(expectationmodelname); % Get the name of the associated VAR model and test its existence. if isfield(expectationmodel, 'auxiliary_model_name') && ~isfield(M_.(expectationmodel.auxiliary_model_type), expectationmodel.auxiliary_model_name) switch expectationmodelkind case 'var' error('Unknown VAR/TREND_COMPONENT model (%s) in VAR_EXPECTATION_MODEL (%s)!', expectationmodel.auxiliary_model_name, expectationmodelname) case 'pac' error('Unknown VAR/TREND_COMPONENT model (%s) in PAC_EXPECTATION_MODEL (%s)!', expectationmodel.auxiliary_model_name, expectationmodelname) otherwise end elseif isequal(expectationmodelkind, 'pac') && ~isfield(expectationmodel, 'auxiliary_model_name') error('print method does not work in PAC/MCE.') end auxmodel = M_.(expectationmodel.auxiliary_model_type).(expectationmodel.auxiliary_model_name); % % First print the list of parameters appearing in the VAR_EXPECTATION/PAC_EXPECTATION term. % if ~exist(sprintf('%s/model/%s', M_.fname, [expectationmodelkind '-expectations']), 'dir') mkdir(sprintf('%s/model/%s', M_.fname, [expectationmodelkind '-expectations'])) end filename = sprintf('%s/model/%s/%s-parameters.inc', M_.fname, [expectationmodelkind '-expectations'], expectationmodelname); fid = fopen(filename, 'w'); fprintf(fid, '// This file has been generated by dynare (%s).\n\n', datestr(now)); switch expectationmodelkind case 'var' parameter_declaration = 'parameters'; for i=1:length(expectationmodel.param_indices) parameter_declaration = sprintf('%s %s', parameter_declaration, M_.param_names{expectationmodel.param_indices(i)}); end fprintf(fid, '%s;\n\n', parameter_declaration); if withcalibration for i=1:length(expectationmodel.param_indices) fprintf(fid, '%s = %1.16f;\n', M_.param_names{expectationmodel.param_indices(i)}, M_.params(expectationmodel.param_indices(i))); end end case 'pac' parameter_declaration = 'parameters'; if isfield(expectationmodel, 'h_param_indices') for i=1:length(expectationmodel.h_param_indices) parameter_declaration = sprintf('%s %s', parameter_declaration, M_.param_names{expectationmodel.h_param_indices(i)}); end else for j=1:length(expectationmodel.components) for i=1:length(expectationmodel.components(j).h_param_indices) parameter_declaration = sprintf('%s %s', parameter_declaration, M_.param_names{expectationmodel.components(j).h_param_indices(i)}); end end end fprintf(fid, '%s;\n\n', parameter_declaration); if withcalibration if isfield(expectationmodel, 'h_param_indices') for i=1:length(expectationmodel.h_param_indices) fprintf(fid, '%s = %1.16f;\n', M_.param_names{expectationmodel.h_param_indices(i)}, M_.params(expectationmodel.h_param_indices(i))); end else for j=1:length(expectationmodel.components) for i=1:length(expectationmodel.components(j).h_param_indices) fprintf(fid, '%s = %1.16f;\n', M_.param_names{expectationmodel.components(j).h_param_indices(i)}, M_.params(expectationmodel.components(j).h_param_indices(i))); end end end end if isfield(expectationmodel, 'growth_neutrality_param_index') fprintf(fid, '\n'); fprintf(fid, 'parameters %s;\n\n', M_.param_names{expectationmodel.growth_neutrality_param_index}); if withcalibration fprintf(fid, '%s = %1.16f;\n', M_.param_names{expectationmodel.growth_neutrality_param_index}, M_.params(expectationmodel.growth_neutrality_param_index)); end growth_correction = true; else growth_correction = false; if isfield(expectationmodel, 'components') for j=1:length(expectationmodel.components) if isfield(expectationmodel.components(j), 'growth_neutrality_param_index') && ~isempty(expectationmodel.components(j).growth_neutrality_param_index) fprintf(fid, '\n'); fprintf(fid, 'parameters %s;\n\n', M_.param_names{expectationmodel.components(j).growth_neutrality_param_index}); if withcalibration fprintf(fid, '%s = %1.16f;\n', M_.param_names{expectationmodel.components(j).growth_neutrality_param_index}, M_.params(expectationmodel.components(j).growth_neutrality_param_index)); end growth_correction = true; end end end end end fclose(fid); skipline() fprintf('Parameters declarations and calibrations are saved in %s.\n', filename); % % Second print the expanded VAR_EXPECTATION/PAC_EXPECTATION term. % filename = sprintf('%s/model/%s/%s-expression.inc', M_.fname, [expectationmodelkind '-expectations'], expectationmodelname); fid = fopen(filename, 'w'); fprintf(fid, '// This file has been generated by dynare (%s).\n', datestr(now)); switch expectationmodelkind case 'var' expression = write_expectations(expectationmodelname, expectationmodelkind, true); case 'pac' [expression, growthneutralitycorrection] = write_expectations(expectationmodelname, expectationmodelkind, true); end fprintf(fid, '%s', expression); fclose(fid); fprintf('Expectation unrolled expression is saved in %s.\n', filename); % % Second bis print the PAC growth neutrality correction term (if any). % if isequal(expectationmodelkind, 'pac') && growth_correction filename = sprintf('%s/model/%s/%s-growth-neutrality-correction.inc', M_.fname, [expectationmodelkind '-expectations'], expectationmodelname); fid = fopen(filename, 'w'); fprintf(fid, '// This file has been generated by dynare (%s).\n', datestr(now)); fprintf(fid, '%s', growthneutralitycorrection); fclose(fid); fprintf('Growth neutrality correction is saved in %s.\n', filename); end % % Third print a routine for evaluating VAR_EXPECTATION/PAC_EXPECTATION term (returns a dseries object). % kind = [expectationmodelkind '_expectations']; ndir = sprintf('+%s/+%s/+%s', M_.fname, kind, expectationmodelname); if ~exist(ndir, 'dir') mkdir(sprintf('+%s/+%s/+%s', M_.fname, kind, expectationmodelname)); end filename = sprintf('+%s/+%s/+%s/evaluate.m', M_.fname, kind, expectationmodelname); fid = fopen(filename, 'w'); fprintf(fid, 'function ds = evaluate(dbase)\n\n'); fprintf(fid, '%% Evaluates %s term (%s).\n', kind, expectationmodelname); fprintf(fid, '%%\n'); fprintf(fid, '%% INPUTS\n'); fprintf(fid, '%% - dbase [dseries] databse containing all the variables appearing in the auxiliary model for the expectation.\n'); fprintf(fid, '%%\n'); fprintf(fid, '%% OUTPUTS\n'); fprintf(fid, '%% - ds [dseries] the expectation term .\n'); fprintf(fid, '%%\n'); fprintf(fid, '%% REMARKS\n'); fprintf(fid, '%% The name of the appended variable in dbase is the declared name for the (PAC/VAR) expectation model.\n\n'); fprintf(fid, '%% This file has been generated by dynare (%s).\n\n', datestr(now)); fprintf(fid, 'ds = dseries();\n\n'); id = 0; if isfield(expectationmodel, 'h_param_indices') decompose = false; else if isequal(expectationmodelkind, 'pac') decompose = true; else decompose = false; end end clear('expression'); % Get coefficient values in the target (if any) if exist(sprintf('+%s/pac_target_coefficients.m', M_.fname), 'file') targetcoefficients = feval(sprintf('%s.pac_target_coefficients', M_.fname), expectationmodelname, M_.params); end maxlag = max(auxmodel.max_lag); if isequal(expectationmodel.auxiliary_model_type, 'trend_component') % Need to add a lag since the error correction equations are rewritten in levels. maxlag = maxlag+1; end if isequal(expectationmodelkind, 'var') timeindices = (0:(maxlag-1))+abs(expectationmodel.time_shift); end if isequal(expectationmodelkind, 'var') && isequal(expectationmodel.auxiliary_model_type, 'var') % Constant in the VAR auxiliary model id = id+1; expression = sprintf('%1.16f', M_.params(expectationmodel.param_indices(id))); end if isequal(expectationmodelkind, 'pac') && isequal(expectationmodel.auxiliary_model_type, 'var') % Constant in the VAR auxiliary model id = id+1; if isfield(expectationmodel, 'h_param_indices') constant = M_.params(expectationmodel.h_param_indices(id)); else if decompose expressions = cell(length(expectationmodel.components), 1); for j=1:length(expectationmodel.components) expressions{j} = sprintf('%1.16f', M_.params(expectationmodel.components(j).h_param_indices(id))); end end constant = 0; for j=1:length(expectationmodel.components) constant = constant + targetcoefficients(j)*M_.params(expectationmodel.components(j).h_param_indices(id)); end end if isfield(expectationmodel, 'h_param_indices') expression = sprintf('%1.16f', constant); end end for i=1:maxlag for j=1:length(auxmodel.list_of_variables_in_companion_var) id = id+1; variable = auxmodel.list_of_variables_in_companion_var{j}; [variable, transformations] = rewrite_aux_variable(variable, M_); switch expectationmodelkind case 'var' parameter = M_.params(expectationmodel.param_indices(id)); case 'pac' if isfield(expectationmodel, 'h_param_indices') parameter = M_.params(expectationmodel.h_param_indices(id)); else parameter = 0; for k=1:length(expectationmodel.components) parameter = parameter+targetcoefficients(k)*M_.params(expectationmodel.components(k).h_param_indices(id)); end end otherwise end switch expectationmodelkind case 'var' if timeindices(i)>0 variable = sprintf('dbase.%s(-%d)', variable, timeindices(i)); else variable = sprintf('dbase.%s', variable); end case 'pac' variable = sprintf('dbase.%s(-%d)', variable, i); otherwise end if ~isempty(transformations) for k=length(transformations):-1:1 variable = sprintf('%s.%s()', variable, transformations{k}); end end if exist('expression','var') if parameter>=0 expression = sprintf('%s+%1.16f*%s', expression, parameter, variable); elseif parameter<0 expression = sprintf('%s-%1.16f*%s', expression, -parameter, variable); end else if parameter>=0 expression = sprintf('%1.16f*%s', parameter, variable); elseif parameter<0 expression = sprintf('-%1.16f*%s', -parameter, variable); end end if decompose for k=1:length(expectationmodel.components) parameter = M_.params(expectationmodel.components(k).h_param_indices(id)); if parameter>=0 expressions{k} = sprintf('%s+%1.16f*%s', expressions{k}, parameter, variable); else expressions{k} = sprintf('%s-%1.16f*%s', expressions{k}, -parameter, variable); end end end end end if isequal(expectationmodelkind, 'pac') && growth_correction if isfield(expectationmodel, 'growth_neutrality_param_index') pgrowth = M_.params(expectationmodel.growth_neutrality_param_index); for iter = 1:numel(expectationmodel.growth_linear_comb) vgrowth=''; variable = []; if expectationmodel.growth_linear_comb(iter).exo_id > 0 variable = M_.exo_names{expectationmodel.growth_linear_comb(iter).exo_id}; elseif expectationmodel.growth_linear_comb(iter).endo_id > 0 variable = M_.endo_names{expectationmodel.growth_linear_comb(iter).endo_id}; end if ~isempty(variable) [variable, transformations] = rewrite_aux_variable(variable, M_); if isempty(transformations) if expectationmodel.growth_linear_comb(iter).lag ~= 0 variable = sprintf('%s(%d)', variable, expectationmodel.growth_linear_comb(iter).lag); end else for k=rows(transformations):-1:1 if isequal(transformations{k,1}, 'lag') variable = sprintf('%s.lag(%u)', variable, -transformations{k,2}); elseif isequal(transformations{k,1}, 'diff') if isempty(transformations{k,2}) variable = sprintf('%s.diff()', variable); else variable = sprintf('%s.lag(%u).diff()', variable, transformations{k,2}); end else variable = sprintf('%s.%s()', variable, transformations{k}); end end end vgrowth = strcat('dbase.', variable); end if expectationmodel.growth_linear_comb(iter).param_id > 0 if ~isempty(vgrowth) vgrowth = sprintf('%1.16f*%s',M_.params(expectationmodel.growth_linear_comb(iter).param_id), vgrowth); else vgrowth = num2str(M_.params(expectationmodel.growth_linear_comb(iter).param_id), '%1.16f'); end end if abs(expectationmodel.growth_linear_comb(iter).constant) ~= 1 if ~isempty(vgrowth) vgrowth = sprintf('%1.16f*%s', expectationmodel.growth_linear_comb(iter).constant, vgrowth); else vgrowth = num2str(expectationmodel.growth_linear_comb(iter).constant, '%1.16f'); end end if iter > 1 if expectationmodel.growth_linear_comb(iter).constant > 0 linearCombination = sprintf('%s+%s', linearCombination, vgrowth); else linearCombination = sprintf('%s-%s', linearCombination, vgrowth); end else linearCombination = vgrowth; end end % loop over growth linear combination elements growthcorrection = sprintf('%1.16f*(%s)', pgrowth, linearCombination); else first = true; for i=1:length(expectationmodel.components) if ~isequal(expectationmodel.components(i).kind, 'll') && isfield(expectationmodel.components(i), 'growth_neutrality_param_index') && isfield(expectationmodel.components(i), 'growth_linear_comb') && ~isempty(expectationmodel.components(i).growth_linear_comb) pgrowth = targetcoefficients(i)*M_.params(expectationmodel.components(i).growth_neutrality_param_index); for iter = 1:numel(expectationmodel.components(i).growth_linear_comb) vgrowth=''; variable=[]; if expectationmodel.components(i).growth_linear_comb(iter).exo_id > 0 variable = M_.exo_names{expectationmodel.components(i).growth_linear_comb(iter).exo_id}; elseif expectationmodel.components(i).growth_linear_comb(iter).endo_id > 0 variable = M_.endo_names{expectationmodel.components(i).growth_linear_comb(iter).endo_id}; end if ~isempty(variable) [variable, transformations] = rewrite_aux_variable(variable, M_); if isempty(transformations) if expectationmodel.components(i).growth_linear_comb(iter).lag ~= 0 variable = sprintf('%s(%d)', variable, expectationmodel.components(i).growth_linear_comb(iter).lag); end else for k=rows(transformations):-1:1 if isequal(transformations{k,1}, 'lag') variable = sprintf('%s.lag(%u)', variable, -transformations{k,2}); elseif isequal(transformations{k,1}, 'diff') if isempty(transformations{k,2}) variable = sprintf('%s.diff()', variable); else variable = sprintf('%s.lag(%u).diff()', variable, transformations{k,2}); end else variable = sprintf('%s.%s()', variable, transformations{k}); end end end vgrowth = strcat('dbase.', variable); end if expectationmodel.components(i).growth_linear_comb(iter).param_id > 0 if ~isempty(vgrowth) vgrowth = sprintf('%1.16f*%s',M_.params(expectationmodel.components(i).growth_linear_comb(iter).param_id), vgrowth); else vgrowth = num2str(M_.params(expectationmodel.components(i).growth_linear_comb(iter).param_id), '%1.16f'); end end if abs(expectationmodel.components(i).growth_linear_comb(iter).constant) ~= 1 if ~isempty(vgrowth) vgrowth = sprintf('%1.16f*%s', expectationmodel.components(i).growth_linear_comb(iter).constant, vgrowth); else vgrowth = num2str(expectationmodel.components(i).growth_linear_comb(iter).constant, '%1.16f'); end end if iter > 1 if expectationmodel.components(i).growth_linear_comb(iter).constant > 0 linearCombination = sprintf('%s+%s', linearCombination, vgrowth); else linearCombination = sprintf('%s-%s', linearCombination, vgrowth); end else linearCombination = vgrowth; end end % loop over growth linear combination elements if first growthcorrection = sprintf('%1.16f*(%s)', pgrowth, linearCombination); first = false; else if pgrowth>0 growthcorrection = sprintf('%s+%1.16f*(%s)', growthcorrection, pgrowth, linearCombination); elseif pgrowth<0 growthcorrection = sprintf('%s-%1.16f*(%s)', growthcorrection, -pgrowth, linearCombination); end end end end end expression = sprintf('%s+%s', expression, growthcorrection); end % growth_correction fprintf(fid, 'ds.%s = %s;\n', expectationmodelname, expression); if exist('expressions', 'var') for i=1:length(expressions) fprintf(fid, 'ds.%s = %s;\n', M_.lhs{expectationmodel.components(i).aux_id}, expressions{i}); end end fclose(fid); fprintf('Expectation dseries expression is saved in %s.\n', filename); skipline(); rehash