From what I can see your data still has a trend. That is a problem. Please refer to Pfeifer(2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models”
Regarding interpretation,
From what I can see your data still has a trend. That is a problem. Please refer to Pfeifer(2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models”
Regarding interpretation,