delta = 0.025;
g_bar = 0.20;
x_bar = 0.14;
m_bar = 0.13;
k_n_steady_ratio = 1.2;
Xsi_s = 0.99;

estimated_params;

	sigma_c, normal_pdf, 1.5, 0.5;
	sigma_h, beta_pdf, 0.7, 0.1;
	sigma_l, normal_pdf, 2, 0.5;
	sigma_durable, normal_pdf, 0.2, 0.2;
	sigma_employ, normal_pdf, 1.5, 0.5;
	bet, gamma_pdf, 0.25, 0.1;
	cry_bar, normal_pdf, 130, 20;
	c_bar, normal_pdf, 0.62, 0.1;
	i_bar, normal_pdf, 0.18, 0.05;
	l_bar, normal_pdf, 1, 10;
	w_bar, normal_pdf, 1, 10;
	r_k_bar, normal_pdf, 1, 10;
	tau_steady, normal_pdf, 1, 10;
	alpha, normal_pdf, 0.3, 0.05;
	phi, normal_pdf, 4, 1.5;
	theta_lag, beta_pdf, 0.5, 0.1;
	theta_cry, beta_pdf, 0.5, 0.1;
	theta_mc, normal_pdf, 0.1, 0.2;
	theta_e, normal_pdf, 0.1, 0.2;
	theta_backward, normal_pdf, 0.1, 0.2;
	theta_forward, normal_pdf, 0.1, 0.2;
	Xsi_n, normal_pdf, 0.1, 0.2;
	mu_i, normal_pdf, 0.1, 0.2;
	mu_e, normal_pdf, 0.1, 0.2;
	mu_c, normal_pdf, 0.1, 0.2;
	mu_cry, normal_pdf, 0.1, 0.2;
	k_world, normal_pdf, 1, 0.5;
	k_e, normal_pdf, 0.1, 0.2;
	k_cry, normal_pdf, 0.1, 0.2;
	gamma_r, beta_pdf, 0.75, 0.1;
	gamma_pi, normal_pdf, 1.5, 0.2;
	gamma_exp, normal_pdf, 5, 3;
	gamma_y, normal_pdf, 0.125, 0.05;

	rho_a, beta_pdf, 0.9, 0.1;
	rho_b, beta_pdf, 0.9, 0.1;
	rho_g, beta_pdf, 0.9, 0.1;
	rho_r, beta_pdf, 0.9, 0.1;
	rho_1_pi, beta_pdf, 0.9, 0.1;
	rho_2_pi, beta_pdf, 0.9, 0.1;
	rho_n, beta_pdf, 0.9, 0.1;
	rho_x, beta_pdf, 0.9, 0.1;
	rho_1_e, beta_pdf, 0.9, 0.1;
	rho_2_e, beta_pdf, 0.9, 0.1;
	rho_cry, beta_pdf, 0.9, 0.1;
	rho_world, beta_pdf, 0.9, 0.1;
	rho_tau, beta_pdf, 0.9, 0.1;
	rho_s, beta_pdf, 0.9, 0.1;
	rho_exp, beta_pdf, 0.9, 0.1;

	stderr eta_a,0.4618,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_b,0.1818513,0.025,5,INV_GAMMA_PDF,0.1,2;
	stderr eta_g,0.6090,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_r,0.2397,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_pi,0.1455,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_n,0.4618,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_x,0.1818513,0.025,5,INV_GAMMA_PDF,0.1,2;
	stderr eta_cry,0.6090,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_world,0.2397,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_tau,0.1455,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_s,0.1818513,0.025,5,INV_GAMMA_PDF,0.1,2;
	stderr eta_exp,0.6090,0.01,3,INV_GAMMA_PDF,0.1,2;
	stderr eta_e,0.2397,0.01,3,INV_GAMMA_PDF,0.1,2;
	
end;

varobs y c_obs r pi exp_pi employment cry world s x m e g;