Problem with shock residual

i have been estimating an open economy model with 2 countries.
one of the smoothed shocks , epsgstar looks very strange.
it goes flat over time, instead of oscillating around a mean value.
could you please have a look? i suspect something is wrong.

estefan (7.24 KB)
New_27_SmoothedShocks1.pdf (8.35 KB)

Dear Estefan,

yes this looks weird as well as the other shocks that are all zero. However, I don’t have time anymore “to have a look” I can only answer precise questions. Maybe somebody else will.
Sorry about that


hi michel
the other shocks are zero, only because they have not been used!! they have been commented out in the code.