Numerical Noise in Impulse Response Functions

Stochastic simulations
1

Hello everyone,

I am working on a DSGE model using Dynare, and I have encountered an issue with the impulse response functions (IRFs) of key variables such as inflation, wage rates, consumption etc. Specifically, the responses exhibit extremely small values in the order of x10^{-15}, x10^{-16}, and x10^{-17}. How can I address these near-zero numerical values in the IRFs?

I have attached the .mod file.
Gali_Monacelli_2005me6.mod (6.3 KB)

2

See

That is something that needs no addressing.

3

Thank you very much Professor.