pause ** In this demo3 we will make a wage simulation. This simulation is made after finishing demo2.
pause ** First we look at factor lbabppau.
pr lbabppau
pause ** We only see zero's. The factor lbabppau is an autonomous factor in the wage equation. We will give this factor the value 5.
calc lbabppau=lbabppau+5
pr lbabppau
pause ** The autonomous factor in the wage equation now has been given the value 5. Now we will start a new simulation, and will look what the result is on the economy of 5 percent additional wage increase year after
year.
smpl 3 9
pause ** One moment patience s.v.p. during the time the machine is calculating the simulation.
sim p; y
pause ** As a baseline we use now the results of the preceding simulation.
base refpad.dmi
pause ** We compare the results of the wage simulation with the base line for different time series:
pr dif(lbabpp) dif(loq) dif(rvblp) dif(wwqn)
pause ** Now we look at the same differences by means of a ready-made table:
table kernpdif.tbl
pause ** Now we will look at the some differences using a grafic:
draw dif(rvblp) dif(wwqn)
** ready for graph ?
y
pause ** We now set LBABPPAU back to zero:
smpl 1 9
load LBABPPAU; 9*0;
smpl 1 1; table txt3.tbl
pause ** The end of demo3. To leave MACMICS type qq<return>, if you want t go further with demo4 type   ai demo4<return>
