{...}
Lag or lead
Syntax
VariableName{-lag}
VariableName{lead}
VariableName{+lead}
Description
To create a lag or a lead of a variable, use a pair of curly brackets.
Example
!transition-equations
x = rho*x{-1} + epsilon_x;
pi = 1/2*pie{-1} + 1/2*pie{1} + gamma*y + epsilon_pi;