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IMFS-MMB / mmb-gui-electron

Electron-vue based GUI of the Macroeconomic Model Database
http://www.macromodelbase.com
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For FI_AINO16 IRFs to only one monetary policy shock are shown #103

Closed btatar13 closed 4 years ago

btatar13 commented 4 years ago

Describe the bug For FI_AINO16 IRFs to only one monetary policy shock are shown, no matter how many rules are switched on. As far as I can see, it is always for the last one from the bottom.

To Reproduce Steps to reproduce the behavior:

  1. Run FI_AINO16 with all rules and monetary Policy shock

Desktop (please complete the following information):

gboehl commented 4 years ago

Just checked. They are produced and displayed, the output just always looks the same independently of the chosen rule.

This indicated that the change of the MP rule is not transmitted to dynare, the error should hence be somewhere in the *.mod file. Can you have a look?

btatar13 commented 4 years ago

In the file it is written, that monetary policy is exogenous. Therefore the interest rate equation with the MMB-coefficients is completely missing.

gboehl commented 4 years ago

Thanks. Can you upload a fix?

btatar13 commented 4 years ago

I will try to do something with it later, or maybe we should leave it as it is. This seems to be a unique case that we have exogenous monetary Policy in this model

gboehl commented 4 years ago

I tend to agree. The idea seems to be that Finland has no control over the monetary policy... I'll upload a warning to the documentation string of the model.