Modeleasy+
provides the user with several high-level commands which allow complex
econometric analysis of models to be done with ease.
The STOCHSIMULATE and
VECTORSIMULATE commands allow the user to perform stochastic and vector
simulations of a model with a single command. The MULTIPLIERS and
ELASTICITIES commands find the multipliers and elasticities for a
user-selected set of endogenous variables with respect to a user-selected
of exogenous variables, respectively.
Modeleasy+ has
several tools that allow the user to examine the structure of the model in
great detail.
The STRUCFORM command provides the matrices of the
linearized model in structural form, while the STATEFORM command provides
the matrices of the linearized model in state-space form. The
COEFFSENSITIVITY command allows the user to examine the senstitivity of a
user-selected set of endogenous variables with respect to variations of
the structural coefficients.
As with the
SIMULATE command, the model should first be prepared by using the
BUILDMODEL command with the optional keywords selected according to the
tool being used.
The easily used
syntax of the MULTIPLIERS, ELASTICITIES, and COEFFSENSITIVITY commands is
shown below.
MULTIPLIERS ( klein1, endog_list, exog_list )
ELASTICITIES ( klein1, endog_list, exog_list )
COEFFSENSITIVITY ( klein1, endog_list )
where the model
is the Klein1 model and "endog_list" is a list of the endogenous
variables desired and "exog_list" is a list of the exogenous
variables desired.
The ease of use
of the high-level, econometric tools provides access to powerful analysis
tools with a minimum of effort by the user.