49 lines
802 B
Modula-2
49 lines
802 B
Modula-2
// Regression test for issue #1608 (combining forecast, varexo_det and linear)
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var y, pi, i, g, u, k;
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varexo e_g e_u e_k;
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varexo_det gov;
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parameters lambda, pi_target, y_target, phi_pi, phi, rho, rhoout, rhopi, rhoint, sigma1, sigma2, sigma3;
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lambda = 0.3;
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pi_target = 0;
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y_target = 0;
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phi_pi = 1.5;
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phi = 1;
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rho = 0.99;
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T = 50;
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rhoout = 0.8;
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rhopi = 0.5;
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rhoint = 0;
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sigma1 = 1;
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sigma2 = 1;
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sigma3 = 1;
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model(linear);
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y=y(+1)-phi*(i-pi(+1))+gov+g;
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pi=lambda*y+rho*pi(+1)+u;
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i=phi_pi*(pi-pi_target)+k;
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g=rhoout*g(-1)+e_g;
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u=rhopi*u(-1)+e_u;
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k=rhoint*k(-1)+e_k;
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end;
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steady;
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check;
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shocks;
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var e_g;
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stderr sigma1;
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var e_u;
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stderr sigma2;
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var e_k;
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stderr sigma3;
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var gov;
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periods 1:9;
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values 0.2;
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end;
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stoch_simul(irf=0);
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forecast;
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