Sorry for bothering you again. I estimate a DSGE model using Bayesian method and the mod all run well. But I find the simulated values of output(y) using posterior mean have some negative values!! We know the level of output obvious can not be negative. so there must be something serious wrong but I can not find. I updata my mod file and hope you can help me, always thank you, professor.

Thank you so much, professor. The steady state value of capital is more than 150, while steady state value of capital is only about 11, I am wandering if this is normal or strange. I do not know if the strangely variable output is induced by the calibrated parameters or by the large steady state value of capital, can you tell me your intuition？thanks.

Thank you professor, I will spend time modify the estimated model in order to fit the real data well. Best wishes and always appreciate for your quick and kind helps.