varexo — declares exogenous variables
varexo
VARIABLE_NAME
[[,]
VARIABLE_NAME
...]
;
This optional command declares the exogenous variables in the model. See Conventions for the syntax of VARIABLE_NAME
.
Exogenous variables are required if the user wants to be able to apply shocks to her model.
varexo commands can appear several times in the file and Dynare will concatenate them.