DSGE Models (7) - Steady State and Impulse Response Functions

Описание к видео DSGE Models (7) - Steady State and Impulse Response Functions

DSGE Models (7): How to compute the steady state of a DSGE RBC model and obtain the impulse response functions. The software we use to estimate the DSGE model is Stata 16.

Welcome to class 7 of my Free DSGE course in Stata 16 (or posterior). In this tutorial, I will show you how to:
1-Estimate the steady state of a DSGE model
2-Obtain the variance and covariance matrix of the DSGE model
3-Determine if the DSGE model is saddle path stable
4- Compute the impulse response functions of our DSGE model.

Are you ready? Let's get into it!

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*** IMPORTANT: The present video is class number 7 of my free DSGE course. In this course I teach you how to solve a real business model step by step and write the dynamic equations in the software. Finally, we compute the steady state, impulse response functions and out of sample forecast**
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🕘 Timestamps:
🎬 In this video the following analysis is performed:
👋 Introduction 0:00
📊 DSGE Steady State 1:12
📊 DSGE Stability Conditions 4:20
📊 DSGE Variance Covariance Matrix 5:27
📊 DSGE Impulse Responses (IRF) 6:41
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