icrf
(Model)
Initial-condition response functions, first-order solution only
## Syntax ##
S = icrf(M, NPer, ...)
S = icrf(M, Range, ...)
## Input Arguments ##
M
[ model ]
Model object for which the initial condition responses will be simulated.
Range
[ numeric | char ]
Date range with the first date being the shock date.
NPer
[ numeric ]
Number of periods.
## Output Arguments ##
S
[ struct ]
Databank with initial condition response series.
## Options ##
'Delog='
[ *true
| false
]
Delogarithmise the responses for variables declared as
!log_variables
.
'Size='
[ numeric | 1
for linear models | log(1.01)
for non-linear
models ]
Size of the deviation in initial conditions.
## Description ##
Function
icrf
returns the responses of all model variables to a deviation (of a given size) in one initial condition. All other initial conditions remain undisturbed and all shocks remain zero in the simulation.