function plan = flip_plan(plan, exogenous, endogenous, expectation_type, date, value) % Adds to the forecast scenario a conditional forecast shock (the path of an endogenous variable is constrained and the values compatible values of the related exogenous variable will be compued) % % INPUTS % o plan [structure] A structure describing the different shocks and the implied variables, the date of the shocks and the path of the shock (forecast scenario). % The plan structure is created by the functions init_plan, basic_plan and flip_plan % o exogenous [string] A string containing the name of the endogenous variable with a constrained path. % o endogenous [string] A string containing the name of the exogenous. This exogenous variable will be en endogenous variable when the conditional forecast will be perform. % o expectation_type [string] A string indicating the type of expectation: 'surprise' for an unexpected shock, and 'perfect_foresight' for a perfectly anticpated shock. % o date [dates] The period of the shock % o value [array of double] A vector of double containing the constrined path on the endogenous variable % % % OUTPUTS % plan [structure] Returns a structure containing the updated forecast scenario. % % % Copyright © 2013-2017 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 . if ~ischar(expectation_type) || size(expectation_type,1) ~= 1 error(['in flip_plan the fourth argument should be a string containing the simulation type (''perfect_foresight'' or ''surprise'')']); end exogenous = strtrim(exogenous); ix = find(strcmp(exogenous, plan.endo_names)); if isempty(ix) error(['in flip_plan the second argument ' exogenous ' is not an endogenous variable']); end endogenous = strtrim(endogenous); iy = find(strcmp(endogenous, plan.exo_names)); if isempty(iy) error(['in flip_plan the third argument ' endogenous ' is not an exogenous variable']); end sdate = length(date); if sdate > 1 if date(1) < plan.date(1) || date(end) > plan.date(end) error(['in flip_plan the fifth argument (date=' date ') must lay inside the plan.date ' plan.date]); end else if date < plan.date(1) || date > plan.date(end) error(['in flip_plan the fifth argument (date=' date ') must lay iside the plan.date ' plan.date]); end end if ~isempty(plan.shock_vars_) common_var = find(iy == plan.shock_vars_); if ~isempty(common_var) common_date = intersect(date, plan.shock_date_{common_var}); if ~isempty(common_date) if common_date.length > 1 the_dates = [cell2mat(strings(common_date(1))) ':' cell2mat(strings(common_date(end)))]; else the_dates = cell2mat(strings(common_date)); end error(['Impossible case: ' plan.exo_names{plan.shock_vars_(common_var)} ' is used both as a shock and as an endogenous variable to control the path of ' plan.endo_names{ix} ' at the dates ' the_dates]); end end end i_ix = find(ix == plan.constrained_vars_); if isempty(i_ix) if isempty(plan.constrained_vars_) plan.constrained_vars_ = ix; plan.options_cond_fcst_.controlled_varexo = iy; if strcmp(expectation_type, 'perfect_foresight') plan.constrained_perfect_foresight_ = 1; else plan.constrained_perfect_foresight_ = 0; end else plan.constrained_vars_ = [plan.constrained_vars_ ; ix]; plan.options_cond_fcst_.controlled_varexo = [plan.options_cond_fcst_.controlled_varexo ; iy]; if strcmp(expectation_type, 'perfect_foresight') plan.constrained_perfect_foresight_ = [plan.constrained_perfect_foresight_ ; 1]; else plan.constrained_perfect_foresight_ = [plan.constrained_perfect_foresight_ ; 0]; end end plan.constrained_date_{length(plan.constrained_date_) + 1} = date; plan.constrained_str_date_{length(plan.constrained_str_date_) + 1} = strings(date); plan.constrained_int_date_{length(plan.constrained_int_date_) + 1} = date - plan.date(1) + 1; plan.constrained_paths_{length(plan.constrained_paths_) + 1} = value; elseif plan.options_cond_fcst_.controlled_varexo(i_ix) == iy % same exogenous and endogenous hard tune [plan.constrained_str_date_{i_ix}, i1, i2] = union(strings(date), plan.constrained_str_date_{i_ix}); plan.constrained_date_{i_ix} = [date(i1) plan.constrained_date_{i_ix}(i2)]; plan.constrained_int_date_{i_ix} = [date(i1) - plan.date(1) + 1; plan.constrained_int_date_{i_ix}(i2)]; plan.constrained_paths_{i_ix} = [value(i1)'; plan.constrained_paths_{i_ix}(i2)]; else error(['impossible case you have two conditional forecasts:\n - one involving ' plan.endo_names{plan.options_cond_fcst_.controlled_varexo(i_ix),:} ' as control and ' plan_exo_names{plan.constrained_vars_(ix_)} ' as constrined endogenous\n - the other involving ' plan.endo_names{plan.options_cond_fcst_.controlled_varexo(iy),:} ' as control and ' plan_exo_names{plan.constrained_vars_(ix)} ' as constrined endogenous\n']); end