From c56ad96c86f7244f090370788a567a9e5a80033d Mon Sep 17 00:00:00 2001
From: Johannes Pfeifer <jpfeifer@gmx.de>
Date: Thu, 6 Aug 2015 15:19:23 +0200
Subject: [PATCH] Add disclaimer on prior for rho to fs2000.mod

Closes #357
---
 examples/fs2000.mod | 4 ++++
 1 file changed, 4 insertions(+)

diff --git a/examples/fs2000.mod b/examples/fs2000.mod
index 06931dac3..5b7ac75b8 100644
--- a/examples/fs2000.mod
+++ b/examples/fs2000.mod
@@ -6,6 +6,10 @@
  * The data are in file "fsdat_simul.m", and have been artificially generated.
  * They are therefore different from the original dataset used by Schorfheide.
  *
+ * The prior distribution follows the one originally specified in Schorfheide's paper.
+ * Note that the beta prior for rho implies an asymptote and corresponding prior mode 
+ * for rho at 0. It is generally recommended to avoid this extreme type of prior.  
+ *
  * The equations are taken from J. Nason and T. Cogley (1994): "Testing the
  * implications of long-run neutrality for monetary business cycle models",
  * Journal of Applied Econometrics, 9, S37-S70.