Question about Financial Accelerator in an estimated New Keynesian model by Christensen and Dib (2008)

@aibenaimer1 Please do not ask twice the same question in different threads (I removed one of your posts). Your question here seems also related to (again another thread) the response I have just given here:

In the figure you are showing here, the initial condition (ie the steady state) is the first point of the IRF, this is not the Dynare convention.

Best,
Stéphane.