Initial values in the historical decompositon
Posted: Sat Jul 19, 2014 3:35 pmHi all,
I estimated a SOE rbc model, everything ran ok, no problems, but I´m getting a big share of initial values for output and consumption in the historical decomposition. I was wondering whether there is something wrong with the results or if this is a problem that I should be concerned about. The steady state of the model is different from zero. I couldn´t upload the charts because I saved with an extension that is not allowed.
Thanks in advance.
I estimated a SOE rbc model, everything ran ok, no problems, but I´m getting a big share of initial values for output and consumption in the historical decomposition. I was wondering whether there is something wrong with the results or if this is a problem that I should be concerned about. The steady state of the model is different from zero. I couldn´t upload the charts because I saved with an extension that is not allowed.
Thanks in advance.