osr — computes optimal simple policy rules
osr
[(OPTION
[, OPTION
...])] [VARIABLE_NAME
...] ;
osr computes optimal simple policy rules for linear--quadratic problems of the form:
maxγ E(y'tWyt)
s.t.
A1Et(yt+1)+A2yt+A3yt-1+Cet=0
with:
γ: parameters to be optimized. They must be elements of matrices A1, A2, A3.
y: endogenous variables
e: exogenous stochastic shocks
The parameters to be optimized must be listed with osr_params.
The quadratic objectives must be listed with optim_weights.
This problem is solved using a numerical optimizer.