See [Negative steady state)
stoch_simul uses a calibrated model. There is no uncertainty for the IRFs. Hence, there are no confidence bands. Only if you run estimation you can get confidence bands and the likelihood.
See [Negative steady state)
stoch_simul uses a calibrated model. There is no uncertainty for the IRFs. Hence, there are no confidence bands. Only if you run estimation you can get confidence bands and the likelihood.