Model diagnostics and steady-state and convergence testing

[jpfeifer]

3. See

The steady state at the initial parameters cannot be computeds

No, what I am saying is that the setting belongs into the steady_state_model, not outside. Currently, you fix the steady state values at the parameter values before running estimation.

4. You get a collinearity warning. That suggests that the data are only informative about three out of the four processes mentioned in

    SE_epsX is collinear w.r.t. all other parameters!
    SE_epsZ is collinear w.r.t. all other parameters!
    SE_epsetau is collinear w.r.t. all other parameters!
    SE_epsG is collinear w.r.t. all other parameters!

There is not a particular one that’s problematic.