Contemporaneous correlation in estimation command


I want to compare the features of the data and the model implied features of the variables. I included the command contemporaneous correlation inside the estimation command. I got the contemporaneous correlation under oo_.PosteriorTheoreticalMoments.dsge.contemporaneous_correlation.Mean.y.y. But where can I find the model implied standard deviations of the variables?

My second question is when we go to the folder oo_., there is a sub-folder ‘contemporaneous correlation’. How is this different from the ‘contemporaneous correlation’ we get under oo_.PosteriorTheoreticalMoments.dsge.

cggest.mod (3.4 KB)

Would be grateful if someone can answer these questions.


You will find the posterior variance under oo_.PosteriorTheoreticalMoments.dsge.contemporaneous_correlation . The other contemporaneous_correlation is produced by stoch_simul command for calibrated models.