Schmitt-Grohe & Uribe (2018) replication

General DSGE Modeling Replication Attempts

jpfeifer May 23, 2019, 6:58pm 6

Your model has a unit root. You need to use diffuse_filter in estimation

Estimation error: in computing likelihood for initial parameter

Bayesian Estimation: Blanchard Kahn conditions are not satisfied: no stable equi