bn
(Model)
Beveridge-Nelson trends
Syntax
outp = bn(m, inputDb, range, ___)
Input arguments
m
[ Model ]
Solved model object.
inputDb
[ struct ]
Input databank on which the BN trends will be computed.
range
[ Dater ]
Date range on which the BN trends will be computed.
Output arguments
outp
[ struct ]
Output databank with the BN trends.
Options
Deviation=false
[ true
| false
]
Input and output data are deviations from steady-state paths.
Description
The BN decomposition is accurate only if the input data have been generated using unanticipated shocks.