diff --git a/matlab/dynare_estimation_init.m b/matlab/dynare_estimation_init.m index c4e3f70df..c341d7a56 100644 --- a/matlab/dynare_estimation_init.m +++ b/matlab/dynare_estimation_init.m @@ -621,7 +621,7 @@ end % If the steady state of the observed variables is non zero, set noconstant equal 0 () if (~options_.loglinear && all(abs(oo_.steady_state(bayestopt_.mfys))<1e-9)) || (options_.loglinear && all(abs(log(oo_.steady_state(bayestopt_.mfys)))<1e-9)) - options_.noconstant = 1; + options_.noconstant = 0; %identifying the constant based on just the initial parameter value is not feasible else options_.noconstant = 0; % If the data are prefiltered then there must not be constants in the diff --git a/matlab/method_of_moments/method_of_moments.m b/matlab/method_of_moments/method_of_moments.m index 30d47f7fe..4d757afb7 100644 --- a/matlab/method_of_moments/method_of_moments.m +++ b/matlab/method_of_moments/method_of_moments.m @@ -707,7 +707,7 @@ test_for_deep_parameters_calibration(M_); % If steady state of observed variables is non zero, set noconstant equal 0 if all(abs(oo_.steady_state(oo_.dr.order_var(oo_.dr.obs_var)))<1e-9) - options_mom_.noconstant = 1; + options_mom_.noconstant = 0; %identifying the constant based on just the initial parameter value is not feasible else options_mom_.noconstant = 0; end