Hi,

I modified the code from ls2003.mod in order to do some sensitivity analysis (at https://github.com/DynareTeam/dynare/tree/master/tests/gsa).

However, I got the following error

Error using legend>process_inputs (line 582)

Invalid argument. Type ‘help legend’ for more information.

Error in legend>make_legend (line 340)

[autoupdate,orient,location,position,children,listen,strings,propargs] = process_inputs(ha,argin); %#ok

Error in legend (line 294)

make_legend(ha,args(arg:end),version);

Error in filt_mc_ (line 571)

h0=legend(char(‘base’,vvarvecm),0);

Error in dynare_sensitivity (line 369)

filt_mc_(OutputDirectoryName,options_gsa,dataset_);

Error in sensitivity (line 498)

dynare_sensitivity(options_gsa);

Error in dynare (line 180)

evalin(‘base’,fname) ;

I double checked the codes that needed to be modified according to my model, but I did not find anything else. Could anyone can help me with this?

Another question is about interpreting these results before I got the above error

These parameters do not affect significantly the fit of ANY observed series:

e_asme

e_r

e_g

e_isme

e_ispb

e_rp

alph1

alph2

ay

rho_g

rho_tau

These parameters affect ONE single observed series:

e_aspb

e_tau

rho_d

rho_at

rho_isme

rho_ispb

These parameters affect MORE THAN ONE observed series: trade off exists!

api

rho_rp

I am not quite sure how to interpret these results and what are the underlying problems? Here are my data file and mod file.

mydata.mat (5.3 KB)

sme_estimation.mod (7.0 KB)

sensitivity.mod (13.5 KB)

Many many thanks