Hi All
I have been estimating a DSGE model using only a subset of the shocks, setting some shock st. deviations to zero. I noted that dynare produces impulse responses for even the inactive shocks! It must be noted that in the 'inactive-shock triggered' IRFs the deviations of the endogenous variables from steady-state are very very small, to the order of 10^-10. Have any of you experienced the same? And if so, what could be the explanation?
Thanks
Reuben