Dear all,
I have a problem with the shock decomposition. For some reason, the model explains the evolution of my variable with huge positive and negative shocks, especially at the end of the sample period (see attached figure). Does anybody know why this is the case?
Any help or hint is greatly appreciated,
all the best,
Niklas
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
Strange shock decomposition
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
2 posts
• Page 1 of 1
Strange shock decomposition
by Niklas » Tue Oct 08, 2013 9:21 am
- Attachments
-
shock_decomposition.pdf- (26.14 KiB) Downloaded 106 times
- Niklas
- Posts: 29
- Joined: Thu May 06, 2010 10:30 pm
Re: Strange shock decomposition
by jpfeifer » Tue Oct 22, 2013 12:27 pm
I am afraid there is no answer to this. The model just assigns the highest likelihood to this outcome. Maybe your estimated model got stuck before it converged to the correct values.
- jpfeifer
- Posts: 6940
- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
2 posts
• Page 1 of 1
Who is online
Users browsing this forum: No registered users and 7 guests