Initial values in the historical decompositon

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Initial values in the historical decompositon

Postby costa » Sat Jul 19, 2014 3:35 pm

Hi 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.
costa
 
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Re: Initial values in the historical decompositon

Postby jpfeifer » Sun Jul 20, 2014 7:27 am

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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
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Joined: Sun Feb 21, 2010 4:02 pm
Location: Cologne, Germany


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