the direction is : stoch_simul(order=1,hp_filter=100, periods=2100);
however matlab give me it as follows when i run dynare a.mod
ERROR: stoch_simul: HP filter is not yet implemented when computing empirical simulations
??? Error using ==> dynare at 96
DYNARE: preprocessing failed
how to deal with this problem?
I am duplicating one model economy with dynare, I got exactly the same policy function, however the standard error of each variable is much bigger than the results in the book. Will the filter matter?
why do we need the filters in dynare if the model economy is just fluctuating near the steady state?