Missing Priors, Variance Decomposition, and Syntax Clarifications

[jpfeifer]

1. Without the full code, it is impossible to tell.
2. The conditional and unconditional variance decomposition can be requested in stoch_simul after estimation.
3. Missing prior: do you have a nograph before estimation?
4. See

Stoch_simul after estimation

That depends on what you want to do. If you want to run stoch_simul in a different mod-file, then you are right. If you want to run it after estimation in the same file, then you can simply put the stoch_simul-command after estimation. As documented in the manual After running estimation, the parameters M_.params and the variance matrix M_.Sigma_e of the shocks are set to the mode for maximum likelihood estimation or posterior mode computation without Metropolis iterations. If you want the p…

5. first_obs is the first observation, not the first row of the Excel file.