Figure C.1: Prior and posterior distributions (1)
0 0.2 0.4
Appendix C. Figures 58
Figure C.2: Prior and posterior distributions (2)
1 1.5 2
Appendix C. Figures 59
Figure C.3: Identification and sensitivity
−2 0 2 4 6
eta eps_at phi tau psi_q gamma psi_y eps_an nu psi_pi h mu rho_r sigma rho_at eps_r rho_an theta_t theta_n
Identification strength with asymptotic Information matrix (log−scale)
relative to param value relative to prior std
−1 0 1 2 3 4 5 6
eta eps_at phi tau psi_q gamma psi_y eps_an nu psi_pi h mu rho_r sigma rho_at eps_r rho_an theta_t theta_n
Sensitivity component with asymptotic Information matrix (log−scale)
relative to param value relative to prior std
Appendix C. Figures 60
Figure C.4: Historical simulations
Appendix C. Figures 61
Figure C.5: Formal non-tradables productivity shock (1)
Appendix C. Figures 62
Figure C.6: Formal non-tradables productivity shock (2)
Appendix C. Figures 63
Figure C.7: Domestic tradables productivity shock (1)
Appendix C. Figures 64
Figure C.8: Domestic tradables productivity shock (2)
Appendix C. Figures 65
Figure C.9: Interest rate shock (1)
Appendix C. Figures 66
Figure C.10: Interest rate shock (2)
Appendix C. Figures 67
Figure C.11: Imported inflation shock (1)
Appendix C. Figures 68
Figure C.12: Imported inflation shock (2)
Appendix C. Figures 69
Figure C.13: Foreign demand shock (1)
Appendix C. Figures 70
Figure C.14: Foreign demand shock (2)
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