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midterm: Added additional instruction to last exercise
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wmutschl committed May 27, 2024
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\title{Computational Macroeconomics\\Midterm Exam}
\author{Willi Mutschler}
\date{Summer 2024\\~\\Version 1.0}
\date{Summer 2024\\~\\Version 1.1}
\maketitle

\section*{General information}
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If there are any questions, do not hesitate to contact Willi Mutschler.
\end{itemize}

%\section*{Changelog}
\section*{Changelog}
\begin{itemize}
\item Version 1.1: Added instruction to third exercise to replicate figures only for France.
\end{itemize}

\newpage

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Do you find these convincing or not?

\item
Replicate Figures 3 and 4 of the paper using a deterministic simulation under perfect foresight
Replicate Figures 3 and 4 of the paper using a deterministic simulation under perfect foresight \textbf{for France only}.
To this end, use Dynare's \texttt{perfect\_foresight\_setup} and \texttt{perfect\_foresight\_solver} commands
to simulate an unanticipated war which, as soon as it occurs, is known to last for 5 years.

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\item
Dynare 6.0 introduced new commands \texttt{perfect\_foresight\_with\_expectation\_errors\_setup} and \texttt{perfect\_foresight\_with\_expectation\_errors\_solver}.
Consult the Dynare manual for their syntax and use.
Then redo the simulation with a sequence of 5 consecutive war shocks, ensuring that the agents are continually surprised by both the onset and continuation of war.
Then redo the simulation (for France only) with a sequence of 5 consecutive war shocks, ensuring that the agents are continually surprised by both the onset and continuation of war.
Create the plots using the helper function.

\end{enumerate}
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