Estimation weird mode_check plot and posterior

Estimation ML/Bayesian estimation
10
  1. You need to be consistent. If you filter the rates, then you need to match them to demeaned variables in the data.
  2. The value of jscale should not be tiny. That after means you ran into some bound.
  3. mode_check will try an interval around the detected mode and only then check whether it satisfies specified bounds. That is nothing to worry about (except for the fact that the mode seems to be right at the bound).
Estimation problems: mode_check_plot and bayesian irf