DSGE Approach to a Christiano, Eichenbaum, and Evans (2005) Model

  1. Use mode_compute=5, that is faster.
  2. From what I can see, you have a few unidentified parameters. Run identification to debug the issue.
  3. Have a look at the mode_check-plots to see where the additional problems come from. My estimation of your model ran into the prior bounds.
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