Hi Jpfeifer,
Thank you very much for your assistance so far. Your prompt responses have been very helpful to me. I have also resolved the BK violation.
I have yet another issue. I am trying to produce impulse responses for a negative Monetary policy shock with hit the economy in the 7th period (See Blue lines in the attached fig1 picture). After following your previous discussions on the use of “simult_” function. The impulse response I get clearly indicate I am not doing the right thing with the simult_ function. Please, are you able to help me with my current challenge? See attached files.paramfile_sm1.m (664 Bytes) smnl.mod (14.0 KB) smnl_steadystate.m (2.8 KB)
