Estimation result

Greetings to all professors and researchers
Please let me know if these results are correct or something is wrong

Nothing here looks right, but without the files it is impossible to tell.

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interaction.mod (9.0 KB)
thank you professor

The data is missing.

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dataaglog HP+log.xlsx (44.4 KB)

Your data treatment is wrong. All model variables are mean zero, but it’s not true for the data.

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I had annual data brut from 1970 to 2019 that I converted into quarterly data, then I processed it through a Hodrick–Prescott filter and in the end I entered it into the logarithm.
Where is the error please, thank you very much

You need to log before filtering. Also, never use a two-sided HP filter for estimation. See Pfeifer(2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models” . If you must, use the one-sided HP filter.


dataag_s.xlsx (39.2 KB)
I did what you asked me is this data correct
Thank you very much

This looks a lot better.

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Thank you very much professor for the help
Are these new results good or there is still a problem

There is still a problem here. Why are the likelihood curves non-smooth?

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I don’t know where the problem is, I tried all possible solutions

Then please provide the updated files.

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