Dynare forums

Hi. I'm practicing coding with an IMF paper.

This mod file is working but I think is somewhat odd.

The optimal parameter value is strongly affected by the values I put in, and sometimes is not working depend on what the values are.

Also THEORETICAL MOMENTS are not available.

Any comment will be helpful

The theoretical moments of some variables are not available because, at least for the optimal parameters values, your model has a unit root (you can see that by running "check"). Hence Dynare cannot compute moments of the non-stationary variables.

Best,