Hi,

When I change my parameter values (OMEGA from 0.37 to 0.15), the stochastic value changes even though the standard deviation value remain unchanged. test2.mod (1.6 KB) The impulses responses from OMEGA=0.15 look kinda abnormal compared to OMEGA = 0.37. Could anyone tell me why the stochastic value changes when I update the parameter values despite it does not affect the standard deviation of the shock?

Regards,

Vannak