Starting Dynare (version 7.1).
Calling Dynare with arguments: nograph nointeractive
Starting preprocessing of the model file ...
Substitution of endo leads >= 2: added 18 auxiliary variables and equations.
Substitution of endo lags >= 2: added 49 auxiliary variables and equations.
Found 137 equation(s).
Evaluating expressions...
Computing static model derivatives (order 1).
Normalizing the static model...
Normalization failed with cutoff, trying symbolic normalization...
Finding the optimal block decomposition of the static model...
40 block(s) found:
  37 recursive block(s) and 3 simultaneous block(s).
  the largest simultaneous block has 37 equation(s)
                                 and 37 feedback variable(s).
Computing dynamic model derivatives (order 2).
Normalizing the dynamic model...
Finding the optimal block decomposition of the dynamic model...
9 block(s) found:
  6 recursive block(s) and 3 simultaneous block(s).
  the largest simultaneous block has 41 equation(s)
                                 and 38 feedback variable(s).
Preprocessing completed.
Preprocessing time: 0h00m00s.

STEADY-STATE RESULTS:

RR_kor            		 0.55
RR_kor_BAR        		 0.55
RS_kor            		 2.55
UNR_kor           		 3.6083
UNR_kor_GAP       		 0
UNR_kor_BAR       		 3.6083
UNR_G_kor         		 0
Y_kor             		 0
LGDP_kor          		 0
LGDP_kor_BAR      		 0
G_kor             		 1.8
GROWTH_kor        		 0.45
GROWTH4_kor       		 1.8
GROWTH4_kor_BAR   		 1.8
BLT_kor           		 0
BLT_kor_BAR       		 0
E                 		 0
BLT_kor_GAP       		 0
LCPI_kor          		 0
PIE_kor           		 0.5
PIE_kor4          		 2
PIE_E_kor4        		 2
CA_kor            		 0
CA                		 0
LS_kor            		 0
LS_kor_BAR        		 0
S_G_kor           		 0
S_kor             		 0
LDEF_kor          		 0
DEF_kor           		 0.5
DEF_kor4          		 2
RR_us             		 0.9
RR_us_BAR         		 0.9
RS_us             		 3.2
Y_us              		 0
LGDP_us           		 0
LGDP_us_BAR       		 0
G_us              		 1.8
GROWTH_us         		 0.45
GROWTH4_us        		 1.8
GROWTH4_us_BAR    		 1.8
BLT_us            		 0
BLT_us_BAR        		 0
E_us              		 0
BLT_us_GAP        		 0
LCPI_us           		 0
PIE_us            		 0.575
PIE_us4           		 2.3
TPREM             		 0.18
RCD_kor           		 0.73
RCD_kor_BAR       		 0.73
CD_kor            		 2.73
LHOUSE_kor        		 0
HOUSE_kor         		 0.5825
HOUSE_kor4        		 2.33
LOIL_us           		 0
PIE_OIL_us        		 0.575
PIE_OIL_us4       		 2.3
PIE_OIL_kor       		 0.575
PIE_OIL_kor4      		 2.3
TPREM_CB          		 0.67
RCB_kor           		 1.52
RCB_kor_BAR       		 1.52
CB_kor            		 3.52
GE_kor            		 6.57
TPREM_TB          		 0.3
RTB_kor           		 0.85
RTB_kor_BAR       		 0.85
TB_kor            		 2.85
RES_CB_kor        		 0

EIGENVALUES:
         Modulus             Real        Imaginary
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
       2.711e-20        2.711e-20                0
        2.97e-18        -2.97e-18                0
       3.548e-18       -3.548e-18                0
       4.372e-18        4.372e-18                0
       7.083e-18        7.083e-18                0
       7.892e-18        7.892e-18                0
       8.031e-18       -8.031e-18                0
       1.022e-17       -1.022e-17                0
       1.485e-17        1.485e-17                0
         1.8e-17          1.8e-17                0
       2.651e-17       -2.651e-17                0
       2.858e-17        2.858e-17                0
       3.403e-17       -3.403e-17                0
       3.632e-17       -3.632e-17                0
       4.635e-17       -4.635e-17                0
        5.44e-17         5.44e-17                0
       5.817e-17        5.817e-17                0
       7.577e-17       -7.577e-17                0
       8.285e-17        8.285e-17                0
       1.236e-16        1.236e-16                0
       3.389e-16       -3.389e-16                0
       5.658e-16       -5.658e-16                0
       6.504e-09       -8.688e-16        6.504e-09
       6.504e-09       -8.688e-16       -6.504e-09
        4.56e-05        4.398e-05        1.203e-05
        4.56e-05        4.398e-05       -1.203e-05
        4.56e-05       -1.201e-05        4.399e-05
        4.56e-05       -1.201e-05       -4.399e-05
       4.561e-05        1.204e-05          4.4e-05
       4.561e-05        1.204e-05         -4.4e-05
       4.562e-05       -4.401e-05        1.202e-05
       4.562e-05       -4.401e-05       -1.202e-05
             0.1              0.1                0
             0.1              0.1                0
          0.1008           0.1008                0
             0.2              0.2                0
          0.3579           0.3579                0
          0.3939          -0.3939                0
             0.4             -0.4                0
          0.4264         -0.03884           0.4246
          0.4264         -0.03884          -0.4246
          0.4492         -0.06868           0.4439
          0.4492         -0.06868          -0.4439
          0.4588          -0.4588                0
          0.4679          -0.4679                0
          0.4861         -0.05163           0.4833
          0.4861         -0.05163          -0.4833
          0.4957         -0.05301           0.4929
          0.4957         -0.05301          -0.4929
             0.5              0.5                0
             0.5              0.5                0
             0.5              0.5                0
             0.5              0.5                0
           0.506           0.5048          0.03485
           0.506           0.5048         -0.03485
          0.5181           0.5181                0
          0.6652           0.6652                0
          0.6989           0.6981          0.03362
          0.6989           0.6981         -0.03362
             0.7              0.7                0
          0.7239           0.7059           0.1605
          0.7239           0.7059          -0.1605
             0.8              0.8                0
          0.8007           0.8007                0
          0.8369          -0.8369                0
          0.8506        -0.001899           0.8506
          0.8506        -0.001899          -0.8506
             0.9              0.9                0
             0.9              0.9                0
          0.9278           0.9278                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
           1.649            1.649                0
           1.708            1.708                0
           1.714            1.713          0.04529
           1.714            1.713         -0.04529
           2.154          -0.2278            2.141
           2.154          -0.2278           -2.141
           2.214          -0.2282            2.202
           2.214          -0.2282           -2.202
           2.234          -0.1939            2.226
           2.234          -0.1939           -2.226
           2.284           -2.284                0
           2.334           -2.334                0
           2.343           -2.343                0
           2.351            2.351                0
           2.483          -0.9697            2.285
           2.483          -0.9697           -2.285
           2.987            2.987                0
           3.249           -0.264            3.238
           3.249           -0.264           -3.238
           3.389           -3.389                0
           5.904            5.904                0
       1.056e+05        1.056e+05                0
       1.056e+05        -5.28e+04        9.145e+04
       1.056e+05        -5.28e+04       -9.145e+04
             Inf             -Inf                0

There are 25 eigenvalue(s) larger than 1 in modulus for 25 forward-looking variable(s).
The order and rank conditions are verified.


You did not declare endogenous variables after the estimation/calib_smoother command.
Initial value of the log posterior (or likelihood): -5694.2347
Gradient norm  4918.8885
Minimum Hessian eigenvalue 5.2643e-07
Maximum Hessian eigenvalue 903675.2459
 
Iteration 1
Correct for low angle: 0.000233982
Predicted improvement:     1118.071569618
lambda =          1; f =         9586.5806839
lambda =    0.33333; f =         6117.7249283
lambda =    0.11111; f =         5738.3687833
lambda =   0.037037; f =         5698.2420360
lambda =   0.012346; f =         5694.4581538
lambda =  0.0041152; f =         5694.2350775
lambda =  0.0013717; f =         5690.0643946
lambda =  0.0026518; f =         5687.5506420
lambda =  0.0051265; f =         5694.2402379
lambda =  0.0034519; f =         5775.9268516
lambda =  0.0027227; f =         5687.9864578
lambda =  0.0031393; f =         5699.2607569
lambda =  0.0028822; f =         5689.8880419
Norm of dx     90.922
Predicted improvement: 12097732.170679322
lambda =          1; f =      1027015.7167770
lambda =    0.33333; f =       118683.9526560
lambda =    0.11111; f =        18088.1997934
lambda =   0.037037; f =         7020.7908799
lambda =   0.012346; f =         5826.5089542
lambda =  0.0041152; f =         5705.2262347
lambda =  0.0013717; f =         5694.9051375
lambda = 0.00045725; f =         5694.2386180
lambda = 0.00015242; f =         4542.0886703
Norm of dx     4918.9
Gradient step!!
Predicted improvement:        0.292231027
lambda =          1; f =         4541.4991036
lambda =     1.9332; f =         4540.9410663
lambda =     3.7372; f =         4539.8478644
lambda =     7.2247; f =         4537.7228778
lambda =     13.967; f =         4533.8290622
lambda =         27; f =         4528.2158454
lambda =     52.196; f =         4525.7415023
Norm of dx   0.011518
Done for param stderr RES_RR_kor_BAR =   0.8388; f = 4525.7415
Predicted improvement:        0.007239569
lambda =          1; f =         4525.7270233
lambda =     1.9332; f =         4525.7135116
lambda =     3.7372; f =         4525.6873907
lambda =     7.2247; f =         4525.6368931
lambda =     13.967; f =         4525.5392676
lambda =         27; f =         4525.3505247
lambda =     52.196; f =         4524.9856052
lambda =      100.9; f =         4524.2800611
lambda =     195.07; f =         4522.9164217
lambda =      377.1; f =         4520.2867871
lambda =        729; f =         4515.2809468
lambda =     1409.3; f =         4506.6538084
lambda =     2724.4; f =         5694.2358350
lambda =     1834.5; f =         4503.8781270
lambda =     2325.8; f =         4549.1563260
lambda =     2017.1; f =         4505.3773998
Norm of dx 0.00016294
Done for param stderr RES_RS_kor =   0.1107; f = 4503.8781
Predicted improvement:        0.164684412
lambda =          1; f =         4503.5507581
lambda =     1.9332; f =         4503.2489700
lambda =     3.7372; f =         4502.6762076
lambda =     7.2247; f =         4501.6120424
lambda =     13.967; f =         4499.7417386
lambda =         27; f =         4497.0410673
lambda =     52.196; f =         4497.1421870
Norm of dx  0.0028299
Done for param stderr RES_UNR_kor_GAP =   0.1670; f = 4497.0411
Predicted improvement:        0.038482618
lambda =          1; f =         4496.9647023
lambda =     1.9332; f =         4496.8945179
lambda =     3.7372; f =         4496.7617679
lambda =     7.2247; f =         4496.5159682
lambda =     13.967; f =         4496.0808234
lambda =         27; f =         4495.4006942
lambda =     52.196; f =         4496.1593524
lambda =     35.146; f =         4495.1333079
lambda =     44.559; f =         4495.1976193
Norm of dx  0.0016218
Done for param stderr RES_UNR_kor_BAR =   0.0638; f = 4495.1333
Predicted improvement:        0.000246208
lambda =          1; f =         4495.1328171
lambda =     1.9332; f =         4495.1323621
lambda =     3.7372; f =         4495.1314907
lambda =     7.2247; f =         4495.1298370
lambda =     13.967; f =         4495.1267556
lambda =         27; f =         4495.1212319
lambda =     52.196; f =         4495.1121874
lambda =      100.9; f =         4495.1009116
Norm of dx 4.3004e-05
Done for param stderr RES_UNR_G_kor =   0.1671; f = 4495.1009
Predicted improvement:        0.150865377
lambda =          1; f =         4494.7996272
lambda =     1.9332; f =         4494.5192692
lambda =     3.7372; f =         4493.9794529
lambda =     7.2247; f =         4492.9439308
lambda =     13.967; f =         4490.9717190
lambda =         27; f =         4487.2669668
lambda =     52.196; f =         4480.4884244
lambda =      100.9; f =         4468.6870416
lambda =     195.07; f =         4449.9531779
lambda =      377.1; f =         4424.8345817
Norm of dx 0.00069167
Done for param stderr RES_Y_kor =   1.0451; f = 4424.8346
Predicted improvement:        0.586928966
lambda =          1; f =         4423.6530697
lambda =     1.9332; f =         4422.5364375
lambda =     3.7372; f =         4420.3378607
lambda =     7.2247; f =         4415.9289073
lambda =     13.967; f =         4406.7341920
lambda =         27; f =         4385.7146813
lambda =     52.196; f =         4325.4381135
lambda =      100.9; f =         5694.2592089
lambda =     67.943; f =         4650.5788493
lambda =      53.59; f =         4321.4076353
lambda =     61.791; f =         4311.2374519
lambda =     71.245; f =         5694.2346613
lambda =     65.412; f =         4365.1356565
lambda =     68.852; f =         5122.0546514
lambda =     66.767; f =         4449.3853645
lambda =     64.745; f =         4344.6792590
lambda =      65.95; f =         4389.4876977
Norm of dx  0.0052087
Done for param stderr RES_LGDP_kor_BAR =   0.0470; f = 4311.2375
Predicted improvement:        0.176445611
lambda =          1; f =         4310.9477694
lambda =     1.9332; f =         4310.7836620
Norm of dx  0.0055807
Done for param stderr RES_G_kor =   0.2204; f = 4310.7837
Predicted improvement:        1.441279226
lambda =          1; f =         4307.8657017
lambda =     1.9332; f =         4305.0770732
lambda =     3.7372; f =         4299.4965656
lambda =     7.2247; f =         4287.9334903
lambda =     13.967; f =         4262.1791944
lambda =         27; f =         4208.1920939
lambda =     52.196; f =         5716.3241143
lambda =     35.146; f =        10307.1303535
lambda =     27.721; f =         4208.3304956
lambda =     31.963; f =         4287.7139346
lambda =     29.346; f =         4215.9997010
lambda =     30.889; f =         4242.9146223
lambda =     32.514; f =         4327.8770053
lambda =     31.529; f =         4265.6044025
Norm of dx    0.28149
Done for param stderr RES_BLT_kor =   2.3924; f = 4208.1921
Predicted improvement:        0.000975578
lambda =          1; f =         4208.1901454
lambda =     1.9332; f =         4208.1883327
lambda =     3.7372; f =         4208.1848442
lambda =     7.2247; f =         4208.1781567
lambda =     13.967; f =         4208.1654504
lambda =         27; f =         4208.1416985
lambda =     52.196; f =         4208.0987958
lambda =      100.9; f =         4208.0270321
lambda =     195.07; f =         4207.9296221
Norm of dx  0.0045418
Done for param stderr RES_BLT_kor_BAR =   5.8876; f = 4207.9296
Predicted improvement:        0.003995325
lambda =          1; f =         4207.9216470
lambda =     1.9332; f =         4207.9142315
lambda =     3.7372; f =         4207.8999694
lambda =     7.2247; f =         4207.8726714
lambda =     13.967; f =         4207.8209137
lambda =         27; f =         4207.7246039
lambda =     52.196; f =         4207.5521081
lambda =      100.9; f =         4207.2676133
lambda =     195.07; f =         4206.8859947
Norm of dx 0.00012859
Done for param stderr RES_PIE_kor =   0.4242; f = 4206.8860
Predicted improvement:        0.010394236
lambda =          1; f =         4206.8652188
lambda =     1.9332; f =         4206.8458546
lambda =     3.7372; f =         4206.8084848
lambda =     7.2247; f =         4206.7364868
lambda =     13.967; f =         4206.5982331
lambda =         27; f =         4206.3345793
lambda =     52.196; f =         4205.8394686
lambda =      100.9; f =         4204.9462544
lambda =     195.07; f =         4203.5677906
lambda =      377.1; f =         4205.5008918
lambda =     253.92; f =         4203.1147151
lambda =     321.92; f =         4203.4714271
Norm of dx 0.00044319
Done for param stderr RES_PIE_E_kor4 =   0.1348; f = 4203.1147
Predicted improvement:        0.278534946
lambda =          1; f =         4202.5593478
lambda =     1.9332; f =         4202.0441345
lambda =     3.7372; f =         4201.0563994
lambda =     7.2247; f =         4199.1773887
lambda =     13.967; f =         4195.6557320
lambda =         27; f =         4189.2410786
lambda =     52.196; f =         4178.1740365
lambda =      100.9; f =         4160.9385142
lambda =     195.07; f =         4138.8255187
Norm of dx  0.0042082
Done for param stderr RES_CA_kor =   2.8424; f = 4138.8255
Predicted improvement:        0.159503929
lambda =          1; f =         4138.5076167
lambda =     1.9332; f =         4138.2129481
lambda =     3.7372; f =         4137.6487597
lambda =     7.2247; f =         4136.5785182
lambda =     13.967; f =         4134.5859988
lambda =         27; f =         4131.0183242
lambda =     52.196; f =         4125.1524097
lambda =      100.9; f =         4117.2938893
Norm of dx   0.010496
Done for param stderr RES_LS_kor_BAR =   2.0648; f = 4117.2939
Predicted improvement:        0.002077373
lambda =          1; f =         4117.2896665
lambda =     1.9332; f =         4117.2856050
lambda =     3.7372; f =         4117.2774379
lambda =     7.2247; f =         4117.2605789
lambda =     13.967; f =         4117.2249998
lambda =         27; f =         4117.1569847
lambda =     52.196; f =         4117.2673255
lambda =     35.146; f =         4117.1321988
lambda =     44.559; f =         4117.1566998
lambda =     56.492; f =         4117.3953689
lambda =     48.995; f =         4117.2065870
Norm of dx   0.004642
Done for param stderr RES_S_G_kor =   0.3407; f = 4117.1322
Predicted improvement: 366063483410.390136719
lambda =          1; f =         5694.3346564
lambda =    0.33333; f =         5694.3346564
lambda =    0.11111; f =         5694.3346564
lambda =   0.037037; f =         5694.3346564
lambda =   0.012346; f =         5694.3346564
lambda =  0.0041152; f =         5694.3346564
lambda =  0.0013717; f =         5694.3346564
lambda = 0.00045725; f =         5694.3346564
lambda = 0.00015242; f =         5694.3346564
lambda = 5.0805e-05; f =         5494.9814605
lambda = 1.6935e-05; f =         5363.6488676
lambda =  5.645e-06; f =         5228.2888118
lambda = 1.8817e-06; f =         5094.6270174
lambda = 6.2723e-07; f =         4962.3400483
lambda = 2.0908e-07; f =         4830.9671778
lambda = 6.9692e-08; f =         4701.3038078
lambda = 2.3231e-08; f =         4574.9328269
lambda = 7.7435e-09; f =         4455.0630721
lambda = 2.5812e-09; f =         4337.8464136
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =    287964745.2005314
lambda = -2.0908e-07; f =     31985961.7675221
lambda = -6.9692e-08; f =      3553998.8377756
lambda = -2.3231e-08; f =       398266.5517034
lambda = -7.7435e-09; f =        48754.5330694
lambda = -2.5812e-09; f =        10294.8316791
Norm of dx 2.7058e+10
Done for param stderr RES_S_kor =   2.0133; f = 4117.1322
Predicted improvement:        0.003721815
lambda =          1; f =         4117.1247571
lambda =     1.9332; f =         4117.1178159
lambda =     3.7372; f =         4117.1044067
lambda =     7.2247; f =         4117.0785185
lambda =     13.967; f =         4117.0286002
lambda =         27; f =         4116.9325771
lambda =     52.196; f =         4116.7487231
lambda =      100.9; f =         4116.3998613
lambda =     195.07; f =         4115.7494313
lambda =      377.1; f =         4114.5779269
lambda =        729; f =         4112.6091931
lambda =     1409.3; f =         4109.7527911
lambda =     2724.4; f =         4106.9075624
Norm of dx 4.7901e-05
Done for param stderr RES_DEF_kor =   0.6556; f = 4106.9076
Predicted improvement:        0.000011548
lambda =          1; f =         4106.9075393
lambda =     1.9332; f =         4106.9075178
lambda =     3.7372; f =         4106.9074762
lambda =     7.2247; f =         4106.9073956
lambda =     13.967; f =         4106.9072399
lambda =         27; f =         4106.9069387
lambda =     52.196; f =         4106.9063558
lambda =      100.9; f =         4106.9052263
lambda =     195.07; f =         4106.9030334
lambda =      377.1; f =         4106.8987585
lambda =        729; f =         4106.8903616
lambda =     1409.3; f =         4106.8736338
lambda =     2724.4; f =         4106.8394509
lambda =     5266.8; f =         4106.7665623
lambda =      10182; f =         4106.6017663
lambda =      19683; f =         4106.2329012
lambda =      38051; f =         4109.5543105
lambda =      25621; f =         4106.0795496
lambda =      32483; f =         4106.5144396
Norm of dx 5.6014e-06
Done for param stderr RES_RR_us_BAR =   0.1248; f = 4106.0795
Predicted improvement:        0.000011872
lambda =          1; f =         4106.0795259
lambda =     1.9332; f =         4106.0795037
lambda =     3.7372; f =         4106.0794609
lambda =     7.2247; f =         4106.0793781
lambda =     13.967; f =         4106.0792181
lambda =         27; f =         4106.0789089
lambda =     52.196; f =         4106.0783115
lambda =      100.9; f =         4106.0771578
lambda =     195.07; f =         4106.0749325
lambda =      377.1; f =         4106.0706487
lambda =        729; f =         4106.0624350
lambda =     1409.3; f =         4106.0468090
lambda =     2724.4; f =         4106.0175387
lambda =     5266.8; f =         4105.9644177
lambda =      10182; f =         4105.8743834
lambda =      19683; f =         4105.7456442
lambda =      38051; f =         4105.6527121
Norm of dx 1.2697e-06
Done for param stderr RES_RS_us =   0.6668; f = 4105.6527
Predicted improvement:        0.087558117
lambda =          1; f =         4105.4777561
lambda =     1.9332; f =         4105.3147910
lambda =     3.7372; f =         4105.0005702
lambda =     7.2247; f =         4104.3961767
lambda =     13.967; f =         4103.2390825
lambda =         27; f =         4101.0437631
lambda =     52.196; f =         4096.9501573
lambda =      100.9; f =         4089.5647087
lambda =     195.07; f =         4077.0447630
lambda =      377.1; f =         4058.1431586
lambda =        729; f =         4035.1366664
Norm of dx 0.00041399
Done for param stderr RES_Y_us =   1.0576; f = 4035.1367
Predicted improvement:        1.297516934
lambda =          1; f =         4032.5106210
lambda =     1.9332; f =         4030.0022781
lambda =     3.7372; f =         4024.9850657
lambda =     7.2247; f =         4014.5862316
lambda =     13.967; f =         3991.2036618
lambda =         27; f =         3927.4976936
lambda =     52.196; f =         5694.2622048
lambda =     35.146; f =         5889.7227897
lambda =     27.721; f =         3923.5787954
lambda =     31.963; f =         3927.1093601
lambda =     36.854; f =         5694.2347676
lambda =     33.836; f =         4076.6797168
lambda =     31.066; f =         3916.6009383
lambda =       32.7; f =         3950.6870986
lambda =     34.419; f =         4307.6547017
lambda =     33.377; f =         4002.1117736
Norm of dx   0.010131
Done for param stderr RES_LGDP_us_BAR =   0.0481; f = 3916.6009
Predicted improvement:        2.341912300
lambda =          1; f =         3915.0649203
Norm of dx   0.047155
Done for param stderr RES_G_us =   0.1499; f = 3915.0649
Predicted improvement:        0.336682204
lambda =          1; f =         3914.3896391
lambda =     1.9332; f =         3913.7560005
lambda =     3.7372; f =         3912.5214085
lambda =     7.2247; f =         3910.0977919
lambda =     13.967; f =         3905.2680331
lambda =         27; f =         3895.3394583
lambda =     52.196; f =         3873.4721139
lambda =      100.9; f =         3816.5810746
lambda =     195.07; f =         5700.0519145
lambda =     131.35; f =         3781.4935388
lambda =     166.52; f =         5694.5903873
lambda =     144.42; f =         3853.6116418
Norm of dx   0.063606
Done for param stderr RES_BLT_us =   1.6411; f = 3781.4935
Predicted improvement:        0.089654912
lambda =          1; f =         3781.3155508
lambda =     1.9332; f =         3781.1518244
lambda =     3.7372; f =         3780.8417030
lambda =     7.2247; f =         3780.2655444
lambda =     13.967; f =         3779.2355261
lambda =         27; f =         3777.5362667
lambda =     52.196; f =         3775.2241552
Norm of dx   0.050601
Done for param stderr RES_BLT_us_BAR =   7.6427; f = 3775.2242
Predicted improvement:        5.249586512
lambda =          1; f =         3765.9933560
lambda =     1.9332; f =         3759.3289757
lambda =     3.7372; f =         3750.4028532
Norm of dx   0.020443
Done for param stderr RES_PIE_us =   0.3952; f = 3750.4029
Predicted improvement:        0.043643285
lambda =          1; f =         3750.3159281
lambda =     1.9332; f =         3750.2354618
lambda =     3.7372; f =         3750.0816733
lambda =     7.2247; f =         3749.7908961
lambda =     13.967; f =         3749.2525740
lambda =         27; f =         3748.2968568
lambda =     52.196; f =         3746.7401686
lambda =      100.9; f =         3744.6529940
Norm of dx 0.00053514
Done for param stderr RES_CD_kor =   0.4482; f = 3744.6530
Predicted improvement:        1.585928427
lambda =          1; f =         3742.6259766
Norm of dx   0.015591
Done for param stderr RES_RCD_kor_BAR =   0.0717; f = 3742.6260
Predicted improvement:        0.502365234
lambda =          1; f =         3741.6740452
lambda =     1.9332; f =         3740.8765365
lambda =     3.7372; f =         3739.5616933
lambda =     7.2247; f =         3737.7513088
Norm of dx   0.016834
Done for param stderr RES_HOUSE_kor =   1.1318; f = 3737.7513
Predicted improvement:        0.268884775
lambda =          1; f =         3737.2140882
lambda =     1.9332; f =         3736.7137533
lambda =     3.7372; f =         3735.7492158
lambda =     7.2247; f =         3733.8946288
lambda =     13.967; f =         3730.3465131
lambda =         27; f =         3723.6234445
lambda =     52.196; f =         3711.1162645
lambda =      100.9; f =         3688.6411455
lambda =     195.07; f =         3650.7588633
lambda =      377.1; f =         3593.8054279
lambda =        729; f =         3523.3174155
Norm of dx  0.0031641
Done for param stderr RES_OIL_us =   7.3330; f = 3523.3174
Predicted improvement:        9.245098647
lambda =          1; f =         5696.2747238
lambda =    0.33333; f =         5694.3524326
lambda =    0.11111; f =         3582.9453254
lambda =   0.037037; f =         3522.6859261
lambda =   0.071599; f =         3523.0636597
lambda =   0.048211; f =         3522.5852228
lambda =   0.061123; f =         3522.6576595
Norm of dx     1.6277
Done for param stderr RES_RCB_kor_BAR =   0.1209; f = 3522.5852
Predicted improvement:       14.773258849
lambda =          1; f =         3526.7468822
lambda =    0.33333; f =         3518.5539679
Norm of dx     6.2554
Done for param stderr RES_GE_kor =  12.0860; f = 3518.5540
Predicted improvement:        0.686977017
lambda =          1; f =         3517.7738345
Norm of dx   0.022365
Done for param stderr RES_TB_kor =   0.3360; f = 3517.7738
Predicted improvement:        2.153655439
lambda =          1; f =         5694.2492882
lambda =    0.33333; f =         3516.0626916
lambda =    0.64439; f =         3519.2896751
lambda =     0.4339; f =         3515.4928881
lambda =    0.55011; f =         3515.3257220
lambda =    0.69744; f =         3542.2879202
lambda =    0.60488; f =         3516.3644192
Norm of dx    0.48662
Done for param stderr RES_RTB_kor_BAR =   0.0980; f = 3515.3257
Predicted improvement:        0.026920772
lambda =          1; f =         3515.2720077
lambda =     1.9332; f =         3515.2221132
lambda =     3.7372; f =         3515.1262862
lambda =     7.2247; f =         3514.9433663
lambda =     13.967; f =         3514.5983394
lambda =         27; f =         3513.9625891
lambda =     52.196; f =         3512.8444663
lambda =      100.9; f =         3511.0585770
lambda =     195.07; f =         3508.7737219
Norm of dx 0.00034535
Done for param stderr RES_RES_CB_kor =   0.5086; f = 3508.7737
Predicted improvement:        0.015553945
lambda =          1; f =         3508.7426118
lambda =     1.9332; f =         3508.7135786
lambda =     3.7372; f =         3508.6574470
lambda =     7.2247; f =         3508.5489158
lambda =     13.967; f =         3508.3390362
lambda =         27; f =         3507.9330517
lambda =     52.196; f =         3507.1473405
lambda =      100.9; f =         3505.6256492
lambda =     195.07; f =         3502.6775529
lambda =      377.1; f =         3496.9913615
lambda =        729; f =         3486.4857317
lambda =     1409.3; f =         3476.8408000
lambda =     2724.4; f =         5694.2360283
lambda =     1834.5; f =         3502.5920969
lambda =     1446.9; f =         3477.4229790
Norm of dx 0.00017017
Done for param gamma_kor1 =   0.8132; f = 3476.8408
Predicted improvement:        0.000070937
lambda =          1; f =         3476.8406581
lambda =     1.9332; f =         3476.8405258
lambda =     3.7372; f =         3476.8402704
lambda =     7.2247; f =         3476.8397776
lambda =     13.967; f =         3476.8388292
lambda =         27; f =         3476.8370109
lambda =     52.196; f =         3476.8335531
lambda =      100.9; f =         3476.8270826
lambda =     195.07; f =         3476.8153744
lambda =      377.1; f =         3476.7957405
lambda =        729; f =         3476.7690560
Norm of dx 3.0792e-05
Done for param gamma_kor3 =   0.4478; f = 3476.7691
Predicted improvement:        0.027837139
lambda =          1; f =         3476.7134684
lambda =     1.9332; f =         3476.6617468
lambda =     3.7372; f =         3476.5621737
lambda =     7.2247; f =         3476.3712248
lambda =     13.967; f =         3476.0078241
lambda =         27; f =         3475.3265230
lambda =     52.196; f =         3474.0872108
lambda =      100.9; f =         3471.9720899
lambda =     195.07; f =         3468.8754983
lambda =      377.1; f =         3466.3947011
Norm of dx  0.0007057
Done for param beta_kor1 =   0.2054; f = 3466.3947
Predicted improvement:        0.002839996
lambda =          1; f =         3466.3890243
lambda =     1.9332; f =         3466.3837310
lambda =     3.7372; f =         3466.3735099
lambda =     7.2247; f =         3466.3537943
lambda =     13.967; f =         3466.3158456
lambda =         27; f =         3466.2431101
lambda =     52.196; f =         3466.1049148
lambda =      100.9; f =         3465.8474131
lambda =     195.07; f =         3465.3919647
lambda =      377.1; f =         3464.7736858
lambda =        729; f =         5694.2349292
lambda =     490.87; f =         3464.9673779
Norm of dx 8.6943e-05
Done for param beta_kor2 =   0.0141; f = 3464.7737
Predicted improvement:        0.003885415
lambda =          1; f =         3464.7659381
lambda =     1.9332; f =         3464.7587486
lambda =     3.7372; f =         3464.7449616
lambda =     7.2247; f =         3464.7187296
lambda =     13.967; f =         3464.6696176
lambda =         27; f =         3464.5808601
lambda =     52.196; f =         3464.4340904
lambda =      100.9; f =         3464.2591347
Norm of dx 0.00040726
Done for param beta_kor3 =   0.0888; f = 3464.2591
Predicted improvement:        0.702256260
lambda =          1; f =         3463.0352123
lambda =     1.9332; f =         3462.2375036
lambda =     3.7372; f =         3462.0508789
Norm of dx   0.095876
Done for param lambda_kor1 =   0.1879; f = 3462.0509
Predicted improvement:        0.000197715
lambda =          1; f =         3462.0504838
lambda =     1.9332; f =         3462.0501157
lambda =     3.7372; f =         3462.0494054
lambda =     7.2247; f =         3462.0480377
lambda =     13.967; f =         3462.0454141
lambda =         27; f =         3462.0404184
lambda =     52.196; f =         3462.0310489
lambda =      100.9; f =         3462.0140321
lambda =     195.07; f =         3461.9853871
lambda =      377.1; f =         3461.9471561
Norm of dx  3.917e-05
Done for param lambda_kor2 =   0.0793; f = 3461.9472
Predicted improvement:        0.006202181
lambda =          1; f =         3461.9347802
lambda =     1.9332; f =         3461.9232837
lambda =     3.7372; f =         3461.9012025
lambda =     7.2247; f =         3461.8590523
lambda =     13.967; f =         3461.7795753
lambda =         27; f =         3461.6334402
lambda =     52.196; f =         3461.3790464
lambda =      100.9; f =         3460.9927000
lambda =     195.07; f =         3460.6426936
Norm of dx 0.00017269
Done for param lambda_kor3 =   0.7623; f = 3460.6427
Predicted improvement:        0.128240747
lambda =          1; f =         3460.3887980
lambda =     1.9332; f =         3460.1566000
lambda =     3.7372; f =         3459.7210456
lambda =     7.2247; f =         3458.9307940
lambda =     13.967; f =         3457.6058152
lambda =         27; f =         3455.8190491
Norm of dx  0.0056633
Done for param alpha_kor1 =   0.6274; f = 3455.8190
Predicted improvement:        0.122889891
lambda =          1; f =         3455.5742361
lambda =     1.9332; f =         3455.3475344
lambda =     3.7372; f =         3454.9140840
lambda =     7.2247; f =         3454.0941392
lambda =     13.967; f =         3452.5765539
lambda =         27; f =         3449.8973058
lambda =     52.196; f =         3445.6890183
lambda =      100.9; f =         3441.4287074
Norm of dx  0.0010575
Done for param alpha_kor2 =   0.0893; f = 3441.4287
Predicted improvement:        0.001397757
lambda =          1; f =         3441.4259117
lambda =     1.9332; f =         3441.4233030
lambda =     3.7372; f =         3441.4182605
lambda =     7.2247; f =         3441.4085140
lambda =     13.967; f =         3441.3896791
lambda =         27; f =         3441.3532924
lambda =     52.196; f =         3441.2830432
lambda =      100.9; f =         3441.1475874
lambda =     195.07; f =         3440.8870406
lambda =      377.1; f =         3440.3883479
lambda =        729; f =         3439.4435350
lambda =     1409.3; f =         3437.6934822
lambda =     2724.4; f =         3434.6312704
lambda =     5266.8; f =         3430.2103530
lambda =      10182; f =         3430.2797766
Norm of dx 1.5174e-05
Done for param gamma_us1 =   0.7859; f = 3430.2104
Predicted improvement:        0.031420799
lambda =          1; f =         3430.1509077
lambda =     1.9332; f =         3430.1016204
lambda =     3.7372; f =         3430.0236339
lambda =     7.2247; f =         3429.9398048
Norm of dx   0.012798
Done for param gamma_us2 =   1.4121; f = 3429.9398
Predicted improvement:        0.000188262
lambda =          1; f =         3429.9394283
lambda =     1.9332; f =         3429.9390770
lambda =     3.7372; f =         3429.9383981
lambda =     7.2247; f =         3429.9370870
lambda =     13.967; f =         3429.9345567
lambda =         27; f =         3429.9296812
lambda =     52.196; f =         3429.9203165
lambda =      100.9; f =         3429.9024401
lambda =     195.07; f =         3429.8687429
lambda =      377.1; f =         3429.8068772
lambda =        729; f =         3429.7001045
lambda =     1409.3; f =         3429.5464700
lambda =     2724.4; f =         3429.4985894
Norm of dx 3.9565e-05
Done for param gamma_us3 =   0.1412; f = 3429.4986
Predicted improvement:        0.361837023
lambda =          1; f =         3428.7804318
lambda =     1.9332; f =         3428.1201325
lambda =     3.7372; f =         3426.8703001
lambda =     7.2247; f =         3424.5514381
lambda =     13.967; f =         3420.4159779
lambda =         27; f =         3413.6074941
lambda =     52.196; f =         3404.1505069
Norm of dx  0.0021386
Done for param beta_us1 =   0.5598; f = 3404.1505
Predicted improvement:        0.636230282
lambda =          1; f =         3402.9350578
lambda =     1.9332; f =         3401.9008226
lambda =     3.7372; f =         3400.1617863
lambda =     7.2247; f =         3397.7139047
lambda =     13.967; f =         3397.0136547
Norm of dx  0.0087575
Done for param beta_us2 =   0.0147; f = 3397.0137
Predicted improvement:        0.047570775
lambda =          1; f =         3396.9186470
lambda =     1.9332; f =         3396.8302410
lambda =     3.7372; f =         3396.6600390
lambda =     7.2247; f =         3396.3336935
lambda =     13.967; f =         3395.7133109
lambda =         27; f =         3394.5571412
lambda =     52.196; f =         3392.5192478
lambda =      100.9; f =         3389.7453739
lambda =     195.07; f =         5694.2454499
lambda =     131.35; f =         3389.6589280
Norm of dx  0.0029529
Done for param lambda_us1 =   0.0843; f = 3389.6589
Predicted improvement:        0.003735012
lambda =          1; f =         3389.6514590
lambda =     1.9332; f =         3389.6444895
lambda =     3.7372; f =         3389.6310177
lambda =     7.2247; f =         3389.6049799
lambda =     13.967; f =         3389.5546648
lambda =         27; f =         3389.4574743
lambda =     52.196; f =         3389.2698776
lambda =      100.9; f =         3388.9083044
lambda =     195.07; f =         3388.2133786
lambda =      377.1; f =         3386.8851678
lambda =        729; f =         3384.3745520
lambda =     1409.3; f =         3379.7359225
lambda =     2724.4; f =         3371.5830242
lambda =     5266.8; f =         3358.9448583
lambda =      10182; f =         3346.6719382
Norm of dx 2.2502e-05
Done for param lambda_us2 =   0.1499; f = 3346.6719
Predicted improvement:        0.000744903
lambda =          1; f =         3346.6704564
lambda =     1.9332; f =         3346.6690888
lambda =     3.7372; f =         3346.6664863
lambda =     7.2247; f =         3346.6616099
lambda =     13.967; f =         3346.6527603
lambda =         27; f =         3346.6378085
lambda =     52.196; f =         3346.6169447
lambda =      100.9; f =         3346.6065434
Norm of dx 0.00013764
Done for param lambda_us3 =   0.4731; f = 3346.6065
Predicted improvement:        0.009067771
lambda =          1; f =         3346.5884582
lambda =     1.9332; f =         3346.5716707
lambda =     3.7372; f =         3346.5394609
lambda =     7.2247; f =         3346.4780941
lambda =     13.967; f =         3346.3627655
lambda =         27; f =         3346.1517628
lambda =     52.196; f =         3345.7860253
lambda =      100.9; f =         3345.2230497
lambda =     195.07; f =         3344.6132187
Norm of dx 0.00029748
Done for param rho_oil1 =   0.8777; f = 3344.6132
Predicted improvement:        0.011762840
lambda =          1; f =         3344.5903693
lambda =     1.9332; f =         3344.5702644
lambda =     3.7372; f =         3344.5347132
lambda =     7.2247; f =         3344.4782670
lambda =     13.967; f =         3344.4142706
Norm of dx  0.0034974
Done for param gamma_kor2 =   1.5440; f = 3344.4143
Sequence of univariate steps!!
Actual dxnorm 12.2321
FVAL          3344.4143
Improvement   2349.8204
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 33.3241 s.
 
Iteration 2
Correct for low angle: 1.28225e-05
Predicted improvement:    20188.551258932
lambda =          1; f =     18686542.0955487
lambda =    0.33333; f =      2079017.1439811
lambda =    0.11111; f =       233895.7746501
lambda =   0.037037; f =        28934.9982289
lambda =   0.012346; f =         6179.1032998
lambda =  0.0041152; f =         3656.4934606
lambda =  0.0013717; f =         3378.1436410
lambda = 0.00045725; f =         3347.8626017
lambda = 0.00015242; f =         3344.7135832
lambda = 5.0805e-05; f =         3344.4279699
lambda = 1.6935e-05; f =         3372.4136281
lambda =  5.645e-06; f =         3345.1988462
lambda = 1.8817e-06; f =         3344.4508659
lambda = 6.2723e-07; f =         3344.4018237
Norm of dx     8732.7
Predicted improvement:   427574.671079284
lambda =          1; f =        62402.2350591
lambda =    0.33333; f =         9823.8546639
lambda =    0.11111; f =         4038.4468929
lambda =   0.037037; f =         3414.1844047
lambda =   0.012346; f =         3350.5003780
lambda =  0.0041152; f =         3344.8302503
lambda =  0.0013717; f =         3344.4203792
lambda = 0.00045725; f =         3344.4142814
lambda = 0.00015242; f =         3395.4497102
lambda = 5.0805e-05; f =         3346.1414787
lambda = 1.6935e-05; f =         3337.7776263
Norm of dx     924.74
Gradient step!!
Predicted improvement:        1.150921082
lambda =          1; f =         3336.2361428
Norm of dx   0.088451
Done for param stderr RES_RR_kor_BAR =   0.9277; f = 3336.2361
Predicted improvement:        0.029709260
lambda =          1; f =         3336.2054178
Norm of dx  0.0045347
Done for param stderr RES_RS_kor =   0.1156; f = 3336.2054
Predicted improvement:        0.648762235
lambda =          1; f =         3335.0467806
lambda =     1.9332; f =         3334.2507998
lambda =     3.7372; f =         3333.7010537
Norm of dx   0.011875
Done for param stderr RES_UNR_kor_GAP =   0.1207; f = 3333.7011
Predicted improvement:        0.412290955
lambda =          1; f =         3482.0169118
lambda =    0.33333; f =         3333.9489048
lambda =    0.11111; f =         3333.6504969
Norm of dx   0.056947
Done for param stderr RES_UNR_kor_BAR =   0.0567; f = 3333.6505
Predicted improvement:        0.602305356
lambda =          1; f =         3332.4711004
lambda =     1.9332; f =         3331.4193537
lambda =     3.7372; f =         3329.5405260
lambda =     7.2247; f =         3326.6753565
lambda =     13.967; f =         3328.3355202
Norm of dx   0.008714
Done for param stderr RES_UNR_G_kor =   0.1012; f = 3326.6754
Predicted improvement:        0.598009177
lambda =          1; f =         3325.4965703
lambda =     1.9332; f =         3324.4270473
lambda =     3.7372; f =         3322.4399179
lambda =     7.2247; f =         3318.8814275
lambda =     13.967; f =         3312.9456712
lambda =         27; f =         3304.3260282
Norm of dx  0.0079389
Done for param stderr RES_Y_kor =   1.2620; f = 3304.3260
Predicted improvement:        0.057316236
lambda =          1; f =         3304.2381386
lambda =     1.9332; f =         3304.2073921
Norm of dx  0.0011594
Done for param stderr RES_LGDP_kor_BAR =   0.0570; f = 3304.2074
Predicted improvement:        0.343794244
lambda =          1; f =         3303.8121582
Norm of dx   0.013672
Done for param stderr RES_G_kor =   0.2345; f = 3303.8122
Predicted improvement:        0.026811550
lambda =          1; f =         3303.7858984
Norm of dx   0.046349
Done for param stderr RES_BLT_kor =   2.3460; f = 3303.7859
Predicted improvement:        0.100741934
lambda =          1; f =         3303.8267321
lambda =    0.33333; f =         3303.7459565
Norm of dx    0.99254
Done for param stderr RES_BLT_kor_BAR =   6.2185; f = 3303.7460
Predicted improvement:        0.096339768
lambda =          1; f =         3303.6319104
Norm of dx   0.011235
Done for param stderr RES_PIE_kor =   0.4357; f = 3303.6319
Predicted improvement:        0.049630106
lambda =          1; f =         3303.5671821
Norm of dx   0.010589
Done for param stderr RES_PIE_E_kor4 =   0.1504; f = 3303.5672
Predicted improvement:        0.462318473
lambda =          1; f =         3302.6563085
lambda =     1.9332; f =         3301.8306974
lambda =     3.7372; f =         3300.2992140
lambda =     7.2247; f =         3297.5668621
lambda =     13.967; f =         3293.0524388
lambda =         27; f =         3286.6799040
Norm of dx   0.021931
Done for param stderr RES_CA_kor =   3.4353; f = 3286.6799
Predicted improvement:        0.884437916
lambda =          1; f =         3285.0612746
lambda =     1.9332; f =         3283.8077192
lambda =     3.7372; f =         3282.0169103
lambda =     7.2247; f =         3280.5264046
Norm of dx    0.13933
Done for param stderr RES_LS_kor_BAR =   3.0716; f = 3280.5264
Predicted improvement:        0.109036814
lambda =          1; f =         3280.4921872
lambda =    0.33333; f =         3280.4679432
lambda =    0.64439; f =         3280.4483715
Norm of dx   0.080422
Done for param stderr RES_S_G_kor =   0.2889; f = 3280.4484
Predicted improvement:        0.721557615
lambda =          1; f =         3279.1158268
lambda =     1.9332; f =         3278.0662990
lambda =     3.7372; f =         3276.5335905
lambda =     7.2247; f =         3275.1822423
Norm of dx    0.15534
Done for param stderr RES_S_kor =   3.1361; f = 3275.1822
Predicted improvement:        0.252742838
lambda =          1; f =         3274.8819031
Norm of dx    0.02791
Done for param stderr RES_DEF_kor =   0.6839; f = 3274.8819
Predicted improvement:        0.028020113
lambda =          1; f =         3274.8605419
Norm of dx   0.012735
Done for param stderr RES_RR_us_BAR =   0.1120; f = 3274.8605
Predicted improvement:        2.805169713
lambda =          1; f =         3269.7487772
lambda =     1.9332; f =         3266.4665519
lambda =     3.7372; f =         3270.6649742
lambda =     2.5164; f =         3265.7309198
Norm of dx     0.0753
Done for param stderr RES_RS_us =   0.4761; f = 3265.7309
Predicted improvement:        1.607621318
lambda =          1; f =         3262.7126579
lambda =     1.9332; f =         3260.2261501
lambda =     3.7372; f =         3256.2046998
lambda =     7.2247; f =         3250.7816855
Norm of dx   0.029633
Done for param stderr RES_Y_us =   1.2736; f = 3250.7817
Predicted improvement:        0.016777923
lambda =          1; f =         3250.7581724
lambda =     1.9332; f =         3250.7550318
Norm of dx 0.00064808
Done for param stderr RES_LGDP_us_BAR =   0.0541; f = 3250.7550
Predicted improvement:        0.293067354
lambda =          1; f =         3250.3600630
Norm of dx  0.0089083
Done for param stderr RES_G_us =   0.1599; f = 3250.3601
Predicted improvement:       10.471995315
lambda =          1; f =         3244.2112926
lambda =    0.33333; f =         3245.5478529
Norm of dx    0.77846
Done for param stderr RES_BLT_us =   2.4200; f = 3244.2113
Predicted improvement:        1.157379773
lambda =          1; f =         3243.2508873
Norm of dx     2.0457
Done for param stderr RES_BLT_us_BAR =   5.5970; f = 3243.2509
Predicted improvement:        0.780934980
lambda =          1; f =         3242.0494962
lambda =     1.9332; f =         3241.7597164
Norm of dx   0.026354
Done for param stderr RES_PIE_us =   0.3432; f = 3241.7597
Predicted improvement:        3.730809549
lambda =          1; f =         3242.0181800
lambda =    0.33333; f =         3240.3656916
Norm of dx    0.12689
Done for param stderr RES_CD_kor =   0.4916; f = 3240.3657
Predicted improvement:        0.782186952
lambda =          1; f =         3239.4955500
Norm of dx   0.021351
Done for param stderr RES_RCD_kor_BAR =   0.0941; f = 3239.4956
Predicted improvement:        1.184715430
lambda =          1; f =         3238.1378244
Norm of dx    0.10112
Done for param stderr RES_HOUSE_kor =   1.2333; f = 3238.1378
Predicted improvement:        7.420633051
lambda =          1; f =         3224.3993068
lambda =     1.9332; f =         3213.3570669
lambda =     3.7372; f =         3195.9551320
lambda =     7.2247; f =         3172.9924775
Norm of dx    0.31899
Done for param stderr RES_OIL_us =   9.6384; f = 3172.9925
Predicted improvement:        0.010303677
lambda =          1; f =         3172.9833914
Norm of dx  0.0070649
Done for param stderr RES_RCB_kor_BAR =   0.1138; f = 3172.9834
Predicted improvement:        0.005700154
lambda =          1; f =         3172.9777342
Norm of dx   0.088735
Done for param stderr RES_GE_kor =  11.9973; f = 3172.9777
Predicted improvement:        0.017836885
lambda =          1; f =         3172.9593618
Norm of dx  0.0042811
Done for param stderr RES_TB_kor =   0.3404; f = 3172.9594
Predicted improvement:        0.104125506
lambda =          1; f =         3172.8372879
Norm of dx   0.012641
Done for param stderr RES_RTB_kor_BAR =   0.1082; f = 3172.8373
Predicted improvement:        1.124324375
lambda =          1; f =         3171.6570817
Norm of dx   0.047136
Done for param stderr RES_RES_CB_kor =   0.5565; f = 3171.6571
Predicted improvement:        0.040187554
lambda =          1; f =         3171.5872444
lambda =     1.9332; f =         3171.5416337
lambda =     3.7372; f =         3171.5100207
Norm of dx  0.0022802
Done for param gamma_kor1 =   0.8210; f = 3171.5100
Predicted improvement:        0.303304345
lambda =          1; f =         3171.4930324
lambda =    0.33333; f =         3171.3713780
Norm of dx    0.10154
Done for param gamma_kor3 =   0.4138; f = 3171.3714
Predicted improvement:        0.036547968
lambda =          1; f =         3171.3573273
lambda =    0.33333; f =         3171.3536424
lambda =    0.64439; f =         3171.3489267
Norm of dx   0.021074
Done for param beta_kor1 =   0.2191; f = 3171.3489
Predicted improvement:        0.068966670
lambda =          1; f =         3171.2509872
lambda =     1.9332; f =         3171.2783052
lambda =     1.3017; f =         3171.2425357
Norm of dx  0.0038613
Done for param beta_kor2 =   0.0084; f = 3171.2425
Predicted improvement:        0.076909596
lambda =          1; f =         3171.1345516
lambda =     1.9332; f =         3171.1339365
Norm of dx   0.013392
Done for param beta_kor3 =   0.0629; f = 3171.1339
Predicted improvement:        0.044791032
lambda =          1; f =         3171.0560559
lambda =     1.9332; f =         3171.0029695
lambda =     3.7372; f =         3170.9472510
Norm of dx   0.013122
Done for param lambda_kor1 =   0.2371; f = 3170.9473
Predicted improvement:        0.017127962
lambda =          1; f =         3170.9173525
lambda =     1.9332; f =         3170.8977498
lambda =     3.7372; f =         3170.8852865
Norm of dx  0.0040379
Done for param lambda_kor2 =   0.0639; f = 3170.8853
Predicted improvement:        0.001640506
lambda =          1; f =         3170.8837210
Norm of dx   0.001355
Done for param lambda_kor3 =   0.7611; f = 3170.8837
Predicted improvement:        1.149073002
lambda =          1; f =         3170.2534029
lambda =    0.33333; f =         3170.3156405
lambda =    0.64439; f =         3170.1186552
Norm of dx    0.14956
Done for param alpha_kor1 =   0.5312; f = 3170.1187
Predicted improvement:        0.757420090
lambda =          1; f =         3169.4580826
Norm of dx   0.020646
Done for param alpha_kor2 =   0.0681; f = 3169.4581
Predicted improvement:        0.548515334
lambda =          1; f =         3168.3838722
lambda =     1.9332; f =         3167.4230073
lambda =     3.7372; f =         3165.6814254
lambda =     7.2247; f =         3162.7616390
lambda =     13.967; f =         3158.8898745
Norm of dx  0.0046274
Done for param gamma_us1 =   0.8523; f = 3158.8899
Predicted improvement:        0.530451968
lambda =          1; f =         3158.2965170
Norm of dx    0.17405
Done for param gamma_us2 =   1.5861; f = 3158.2965
Predicted improvement:        0.210678900
lambda =          1; f =         3157.9279170
lambda =     1.9332; f =         3157.6663064
lambda =     3.7372; f =         3157.3395155
Norm of dx   0.024422
Done for param gamma_us3 =   0.2327; f = 3157.3395
Predicted improvement:        0.981992741
lambda =          1; f =         3155.9162313
lambda =     1.9332; f =         3155.4444211
Norm of dx   0.041963
Done for param beta_us1 =   0.4786; f = 3155.4444
Predicted improvement:        0.206896940
lambda =          1; f =         3155.1982305
Norm of dx  0.0075934
Done for param beta_us2 =   0.0242; f = 3155.1982
Predicted improvement:        0.069659380
lambda =          1; f =         3155.0610432
lambda =     1.9332; f =         3154.9367227
lambda =     3.7372; f =         3154.7058198
lambda =     7.2247; f =         3154.2910136
lambda =     13.967; f =         3153.5868581
lambda =         27; f =         3152.4979624
lambda =     52.196; f =         3151.0811961
Norm of dx  0.0028691
Done for param lambda_us1 =   0.2348; f = 3151.0812
Predicted improvement:        1.218191347
lambda =          1; f =         3149.8202591
Norm of dx   0.034818
Done for param lambda_us2 =   0.1146; f = 3149.8203
Predicted improvement:        0.266063012
lambda =          1; f =         3149.5557385
Norm of dx   0.022377
Done for param lambda_us3 =   0.4507; f = 3149.5557
Predicted improvement:        0.005745863
lambda =          1; f =         3149.5488763
Norm of dx  0.0042015
Done for param rho_oil1 =   0.8733; f = 3149.5489
Predicted improvement:        0.002390726
lambda =          1; f =         3149.5467341
Norm of dx  0.0071681
Done for param gamma_kor2 =   1.5512; f = 3149.5467
Sequence of univariate steps!!
Actual dxnorm 3.6204
FVAL          3149.5467
Improvement   194.8675
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 18.3933 s.
 
Iteration 3
Correct for low angle: 5.70914e-05
Predicted improvement:     4532.160628264
lambda =          1; f =      3246230.3405530
lambda =    0.33333; f =       363390.3157436
lambda =    0.11111; f =        43142.7241963
lambda =   0.037037; f =         7582.2111722
lambda =   0.012346; f =         3638.4376259
lambda =  0.0041152; f =         3202.6835344
lambda =  0.0013717; f =         3155.0758149
lambda = 0.00045725; f =         3150.0547212
lambda = 0.00015242; f =         3149.5772970
lambda = 5.0805e-05; f =         4341.1581973
lambda = 1.6935e-05; f =         3152.4892821
lambda =  5.645e-06; f =         3150.0358121
lambda = 1.8817e-06; f =         3149.6108018
lambda = 6.2723e-07; f =         3149.5512712
lambda = 2.0908e-07; f =         3149.5460276
Norm of dx     8594.4
Predicted improvement:    22247.363058250
lambda =          1; f =        18587.5386293
lambda =    0.33333; f =         4842.4954042
lambda =    0.11111; f =         3331.0598866
lambda =   0.037037; f =         3167.9206858
lambda =   0.012346; f =         3151.1755569
lambda =  0.0041152; f =         3149.6702025
lambda =  0.0013717; f =         3149.5491970
lambda = 0.00045725; f =         3144.5823981
lambda = 0.00015242; f =         3144.4931695
lambda = 0.00029465; f =         3142.8233046
Norm of dx     210.94
Gradient step!!
Predicted improvement:        0.865335191
lambda =          1; f =         3143.1560064
lambda =    0.33333; f =         3142.5053685
Norm of dx    0.18432
Done for param stderr RES_RR_kor_BAR =   0.9925; f = 3142.5054
Predicted improvement:        0.090811237
lambda =          1; f =         3142.4212610
Norm of dx  0.0084379
Done for param stderr RES_RS_kor =   0.1069; f = 3142.4213
Predicted improvement:        0.374144157
lambda =          1; f =         3142.2648767
lambda =    0.33333; f =         3142.2322235
lambda =    0.64439; f =         3142.1738259
Norm of dx   0.014727
Done for param stderr RES_UNR_kor_GAP =   0.1416; f = 3142.1738
Predicted improvement:        0.056423098
lambda =          1; f =         3142.1225585
Norm of dx  0.0069872
Done for param stderr RES_UNR_kor_BAR =   0.0545; f = 3142.1226
Predicted improvement:        0.738174864
lambda =          1; f =         3142.4282692
lambda =    0.33333; f =         3141.7798253
Norm of dx    0.02363
Done for param stderr RES_UNR_G_kor =   0.0609; f = 3141.7798
Predicted improvement:        6.361938997
lambda =          1; f =         3133.2408873
Norm of dx    0.20519
Done for param stderr RES_Y_kor =   1.4869; f = 3133.2409
Predicted improvement:        1.514981119
lambda =          1; f =         3132.3181079
Norm of dx   0.011386
Done for param stderr RES_LGDP_kor_BAR =   0.0545; f = 3132.3181
Predicted improvement:        0.003610400
lambda =          1; f =         3132.3145930
Norm of dx  0.0017098
Done for param stderr RES_G_kor =   0.2355; f = 3132.3146
Predicted improvement:        0.003239215
lambda =          1; f =         3132.3113851
Norm of dx   0.015917
Done for param stderr RES_BLT_kor =   2.3300; f = 3132.3114
Predicted improvement:        0.514038244
lambda =          1; f =         3131.7999063
Norm of dx     1.7021
Done for param stderr RES_BLT_kor_BAR =   4.5164; f = 3131.7999
Predicted improvement:        0.002637980
lambda =          1; f =         3131.7972563
Norm of dx  0.0021657
Done for param stderr RES_PIE_kor =   0.4391; f = 3131.7973
Predicted improvement:        0.001367821
lambda =          1; f =         3131.7958808
Norm of dx  0.0023709
Done for param stderr RES_PIE_E_kor4 =   0.1537; f = 3131.7959
Predicted improvement:        2.849278819
lambda =          1; f =         3129.1146838
Norm of dx    0.62332
Done for param stderr RES_CA_kor =   4.0612; f = 3129.1147
Predicted improvement:        1.521857890
lambda =          1; f =         3127.4802905
Norm of dx    0.85197
Done for param stderr RES_LS_kor_BAR =   2.2186; f = 3127.4803
Predicted improvement:        0.000125831
lambda =          1; f =         3127.4801633
Norm of dx  0.0017408
Done for param stderr RES_S_G_kor =   0.2905; f = 3127.4802
Predicted improvement:        0.016335275
lambda =          1; f =         3127.4611786
Norm of dx   0.058385
Done for param stderr RES_S_kor =   3.1949; f = 3127.4612
Predicted improvement:        0.009277170
lambda =          1; f =         3127.4515955
Norm of dx  0.0063195
Done for param stderr RES_DEF_kor =   0.6914; f = 3127.4516
Predicted improvement:        0.001851412
lambda =          1; f =         3127.4496762
Norm of dx  0.0024901
Done for param stderr RES_RR_us_BAR =   0.1150; f = 3127.4497
Predicted improvement:        0.218939176
lambda =          1; f =         3127.0352129
lambda =     1.9332; f =         3126.6934645
lambda =     3.7372; f =         3126.1722000
lambda =     7.2247; f =         3125.8070044
Norm of dx  0.0083729
Done for param stderr RES_RS_us =   0.4001; f = 3125.8070
Predicted improvement:        1.315296969
lambda =          1; f =         3123.6344620
lambda =     1.9332; f =         3122.3192281
Norm of dx   0.070163
Done for param stderr RES_Y_us =   1.4212; f = 3122.3192
Predicted improvement:        0.969420264
lambda =          1; f =         3121.6267885
Norm of dx  0.0080374
Done for param stderr RES_LGDP_us_BAR =   0.0528; f = 3121.6268
Predicted improvement:        0.006196613
lambda =          1; f =         3121.6222508
Norm of dx  0.0020666
Done for param stderr RES_G_us =   0.1650; f = 3121.6223
Predicted improvement:        0.048431836
lambda =          1; f =         3121.5752071
Norm of dx    0.33688
Done for param stderr RES_BLT_us_BAR =   5.2601; f = 3121.5752
Predicted improvement:        0.018714886
lambda =          1; f =         3121.5554195
Norm of dx  0.0044183
Done for param stderr RES_PIE_us =   0.3350; f = 3121.5554
Predicted improvement:        0.032211012
lambda =          1; f =         3121.5213465
Norm of dx  0.0083687
Done for param stderr RES_CD_kor =   0.5028; f = 3121.5213
Predicted improvement:        0.057312200
lambda =          1; f =         3121.4490510
Norm of dx  0.0094165
Done for param stderr RES_RCD_kor_BAR =   0.1085; f = 3121.4491
Predicted improvement:        0.064791819
lambda =          1; f =         3121.3854699
Norm of dx    0.03037
Done for param stderr RES_HOUSE_kor =   1.2651; f = 3121.3855
Predicted improvement:       14.824734401
lambda =          1; f =         3101.5815302
Norm of dx      1.875
Done for param stderr RES_OIL_us =  11.5181; f = 3101.5815
Predicted improvement:        0.000122627
lambda =          1; f =         3101.5814064
Norm of dx 0.00066074
Done for param stderr RES_RCB_kor_BAR =   0.1146; f = 3101.5814
Predicted improvement:        0.000015695
lambda =          1; f =         3101.5813907
Norm of dx 0.00013151
Done for param stderr RES_TB_kor =   0.3398; f = 3101.5814
Predicted improvement:        0.003276681
lambda =          1; f =         3101.5779649
Norm of dx  0.0032091
Done for param stderr RES_RTB_kor_BAR =   0.1143; f = 3101.5780
Predicted improvement:        0.011001683
lambda =          1; f =         3101.5666638
Norm of dx  0.0055372
Done for param stderr RES_RES_CB_kor =   0.5636; f = 3101.5667
Predicted improvement:        0.056299656
lambda =          1; f =         3101.5132389
Norm of dx  0.0049665
Done for param gamma_kor1 =   0.8232; f = 3101.5132
Predicted improvement:        0.002479649
lambda =          1; f =         3101.5107031
Norm of dx  0.0066773
Done for param gamma_kor3 =   0.4065; f = 3101.5107
Predicted improvement:        0.023100852
lambda =          1; f =         3101.4844635
Norm of dx   0.012317
Done for param beta_kor1 =   0.2321; f = 3101.4845
Predicted improvement:        0.012821016
lambda =          1; f =         3101.4703603
Norm of dx  0.0013261
Done for param beta_kor2 =   0.0085; f = 3101.4704
Predicted improvement:        0.011534243
lambda =          1; f =         3101.4604986
Norm of dx  0.0055078
Done for param beta_kor3 =   0.0585; f = 3101.4605
Predicted improvement:        0.012725488
lambda =          1; f =         3101.4468734
Norm of dx   0.016094
Done for param lambda_kor1 =   0.2535; f = 3101.4469
Predicted improvement:        0.002267896
lambda =          1; f =         3101.4445577
Norm of dx  0.0024917
Done for param lambda_kor2 =   0.0663; f = 3101.4446
Predicted improvement:        0.008506682
lambda =          1; f =         3101.4361013
Norm of dx  0.0030817
Done for param lambda_kor3 =   0.7584; f = 3101.4361
Predicted improvement:        0.053926001
lambda =          1; f =         3101.3856259
Norm of dx   0.027298
Done for param alpha_kor1 =   0.5594; f = 3101.3856
Predicted improvement:        0.001055491
lambda =          1; f =         3101.3845889
Norm of dx 0.00061887
Done for param alpha_kor2 =   0.0709; f = 3101.3846
Predicted improvement:        0.071264058
lambda =          1; f =         3101.2608194
lambda =     1.9332; f =         3101.1793882
lambda =     3.7372; f =         3101.1164872
Norm of dx  0.0031459
Done for param gamma_us1 =   0.8905; f = 3101.1165
Predicted improvement:        0.433463952
lambda =          1; f =         3100.7091474
Norm of dx    0.20884
Done for param gamma_us2 =   1.7951; f = 3100.7091
Predicted improvement:        0.114535417
lambda =          1; f =         3100.5074327
lambda =     1.9332; f =         3100.3649814
lambda =     3.7372; f =         3100.2002831
Norm of dx   0.025465
Done for param gamma_us3 =   0.3304; f = 3100.2003
Predicted improvement:        0.017485458
lambda =          1; f =         3100.1841494
Norm of dx  0.0090425
Done for param beta_us1 =   0.4686; f = 3100.1841
Predicted improvement:        0.000653492
lambda =          1; f =         3100.1911679
lambda =    0.33333; f =         3100.1846134
lambda =    0.11111; f =         3100.1841032
Norm of dx  0.0023542
Done for param beta_us2 =   0.0289; f = 3100.1841
Predicted improvement:        0.033208009
lambda =          1; f =         3100.1189916
lambda =     1.9332; f =         3100.0605627
lambda =     3.7372; f =         3099.9538931
lambda =     7.2247; f =         3099.7706320
lambda =     13.967; f =         3099.4991165
lambda =         27; f =         3099.2704942
Norm of dx  0.0045568
Done for param lambda_us1 =   0.3625; f = 3099.2705
Predicted improvement:        0.118072932
lambda =          1; f =         3100.0816348
lambda =    0.33333; f =         3099.3069554
lambda =    0.11111; f =         3099.2570140
Norm of dx   0.028942
Done for param lambda_us2 =   0.1053; f = 3099.2570
Predicted improvement:        0.134695901
lambda =          1; f =         3099.1234870
Norm of dx    0.01559
Done for param lambda_us3 =   0.4352; f = 3099.1235
Predicted improvement:        0.001905260
lambda =          1; f =         3099.1215858
Norm of dx  0.0029382
Done for param rho_oil1 =   0.8761; f = 3099.1216
Predicted improvement:        0.001127764
lambda =          1; f =         3099.1204558
Norm of dx   0.004706
Done for param gamma_kor2 =   1.5559; f = 3099.1205
Sequence of univariate steps!!
Actual dxnorm 2.7974
FVAL          3099.1205
Improvement   50.4263
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 19.0483 s.
 
Iteration 4
Correct for low angle: 1.02507e-05
Predicted improvement:    25215.967211741
lambda =          1; f =     28249324.5489059
lambda =    0.33333; f =      3141254.9304260
lambda =    0.11111; f =       351679.2103244
lambda =   0.037037; f =        41796.0582562
lambda =   0.012346; f =         7387.4636424
lambda =  0.0041152; f =         3571.8530656
lambda =  0.0013717; f =         3150.4120763
lambda = 0.00045725; f =         3104.4219362
lambda = 0.00015242; f =         3099.5907362
lambda = 5.0805e-05; f =         3099.1447343
lambda = 1.6935e-05; f =         3253.1118516
lambda =  5.645e-06; f =         3105.8153203
lambda = 1.8817e-06; f =         3100.2446863
lambda = 6.2723e-07; f =         3099.2756520
lambda = 2.0908e-07; f =         3099.1338606
lambda = 6.9692e-08; f =         3099.1197470
lambda = 2.3231e-08; f =         3099.1196018
lambda = 4.4909e-08; f =         3099.1193675
Norm of dx      49719
Predicted improvement:    20578.308072061
lambda =          1; f =         3951.9372580
lambda =    0.33333; f =         3186.8628472
lambda =    0.11111; f =         3107.1797067
lambda =   0.037037; f =         3099.7947121
lambda =   0.012346; f =         3099.1623051
lambda =  0.0041152; f =         3099.1209552
lambda =  0.0013717; f =         3263.9977181
lambda = 0.00045725; f =         3151.7094019
lambda = 0.00015242; f =         3108.3483635
lambda = 5.0805e-05; f =         3099.4009203
lambda = 1.6935e-05; f =         3098.7222954
Norm of dx     202.87
Correct for low angle: 1.24962e-05
Predicted improvement:    20670.025548556
lambda =          1; f =     15251649.8369511
lambda =    0.33333; f =      1697136.8346100
lambda =    0.11111; f =       191244.2949975
lambda =   0.037037; f =        23977.4166220
lambda =   0.012346; f =         5410.0780158
lambda =  0.0041152; f =         3352.9630738
lambda =  0.0013717; f =         3126.3634657
lambda = 0.00045725; f =         3101.8406491
lambda = 0.00015242; f =         3099.3341775
lambda = 5.0805e-05; f =         3099.1267887
lambda = 1.6935e-05; f =         3133.3085763
lambda =  5.645e-06; f =         3103.6542297
lambda = 1.8817e-06; f =         3099.6679144
lambda = 6.2723e-07; f =         3098.8732342
lambda = 2.0908e-07; f =         3098.7453762
lambda = 6.9692e-08; f =         3098.7264528
lambda = 2.3231e-08; f =         3098.7232661
lambda = 7.7435e-09; f =         3098.7225720
lambda = 2.5812e-09; f =         3098.7223824
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3098.8933144
lambda = -2.0908e-07; f =         3098.7339220
lambda = -6.9692e-08; f =         3098.7219816
Norm of dx      40756
Predicted improvement:        0.077527708
lambda =          1; f =         3098.6383121
Norm of dx   0.033716
Done for param stderr RES_RR_kor_BAR =   1.0263; f = 3098.6383
Predicted improvement:        0.000026445
lambda =          1; f =         3098.6382853
Norm of dx 0.00012872
Done for param stderr RES_RS_kor =   0.1072; f = 3098.6383
Predicted improvement:        0.056726195
lambda =          1; f =         3098.5766477
Norm of dx   0.003931
Done for param stderr RES_UNR_kor_GAP =   0.1461; f = 3098.5766
Predicted improvement:        0.005595658
lambda =          1; f =         3098.5707381
Norm of dx  0.0018222
Done for param stderr RES_UNR_kor_BAR =   0.0565; f = 3098.5707
Predicted improvement:        0.059543062
lambda =          1; f =         3098.5117768
Norm of dx    0.00441
Done for param stderr RES_UNR_G_kor =   0.0562; f = 3098.5118
Predicted improvement:        1.166893007
lambda =          1; f =         3096.6141432
lambda =     1.9332; f =         3095.5220051
Norm of dx   0.081942
Done for param stderr RES_Y_kor =   1.6458; f = 3095.5220
Predicted improvement:        0.005903587
lambda =          1; f =         3095.5181010
Norm of dx 0.00058907
Done for param stderr RES_LGDP_kor_BAR =   0.0579; f = 3095.5181
Predicted improvement:        0.014604153
lambda =          1; f =         3095.5032093
Norm of dx  0.0033544
Done for param stderr RES_G_kor =   0.2389; f = 3095.5032
Predicted improvement:        0.060176293
lambda =          1; f =         3095.4349584
Norm of dx   0.057663
Done for param stderr RES_BLT_kor =   2.3877; f = 3095.4350
Predicted improvement:        0.282676392
lambda =          1; f =         3095.1992811
Norm of dx     1.3053
Done for param stderr RES_BLT_kor_BAR =   3.2111; f = 3095.1993
Predicted improvement:        0.000061138
lambda =          1; f =         3095.1992195
Norm of dx 0.00051265
Done for param stderr RES_PIE_E_kor4 =   0.1540; f = 3095.1992
Predicted improvement:        0.024589502
lambda =          1; f =         3095.1742265
Norm of dx   0.068979
Done for param stderr RES_CA_kor =   4.1302; f = 3095.1742
Predicted improvement:        0.002871270
lambda =          1; f =         3095.1713770
Norm of dx   0.034079
Done for param stderr RES_LS_kor_BAR =   2.1845; f = 3095.1714
Predicted improvement:        0.002552425
lambda =          1; f =         3095.1688155
Norm of dx   0.025394
Done for param stderr RES_S_kor =   3.2203; f = 3095.1688
Predicted improvement:        0.000039400
lambda =          1; f =         3095.1687762
Norm of dx 0.00042578
Done for param stderr RES_DEF_kor =   0.6909; f = 3095.1688
Predicted improvement:        0.000059817
lambda =          1; f =         3095.1687160
Norm of dx 0.00047374
Done for param stderr RES_RR_us_BAR =   0.1155; f = 3095.1687
Predicted improvement:        0.055338265
lambda =          1; f =         3095.1173165
Norm of dx  0.0097086
Done for param stderr RES_RS_us =   0.3902; f = 3095.1173
Predicted improvement:        0.472094724
lambda =          1; f =         3094.3787588
lambda =     1.9332; f =         3094.0196018
Norm of dx   0.058209
Done for param stderr RES_Y_us =   1.5340; f = 3094.0196
Predicted improvement:        0.000316478
lambda =          1; f =         3094.0192706
Norm of dx 0.00010832
Done for param stderr RES_LGDP_us_BAR =   0.0547; f = 3094.0193
Predicted improvement:        0.003403497
lambda =          1; f =         3094.0158312
Norm of dx  0.0013513
Done for param stderr RES_G_us =   0.1663; f = 3094.0158
Predicted improvement:        0.012019721
lambda =          1; f =         3094.0036160
Norm of dx    0.03085
Done for param stderr RES_BLT_us =   2.4510; f = 3094.0036
Predicted improvement:        0.019828579
lambda =          1; f =         3093.9841418
Norm of dx    0.21345
Done for param stderr RES_BLT_us_BAR =   5.0467; f = 3093.9841
Predicted improvement:        0.004277873
lambda =          1; f =         3093.9799320
Norm of dx  0.0021524
Done for param stderr RES_PIE_us =   0.3328; f = 3093.9799
Predicted improvement:        0.000232890
lambda =          1; f =         3093.9796986
Norm of dx  0.0007534
Done for param stderr RES_CD_kor =   0.5035; f = 3093.9797
Predicted improvement:        0.009562475
lambda =          1; f =         3093.9693281
Norm of dx  0.0051536
Done for param stderr RES_RCD_kor_BAR =   0.1138; f = 3093.9693
Predicted improvement:        0.000149092
lambda =          1; f =         3093.9691793
Norm of dx  0.0015048
Done for param stderr RES_HOUSE_kor =   1.2636; f = 3093.9692
Predicted improvement:        0.446316826
lambda =          1; f =         3093.1069515
lambda =     1.9332; f =         3092.3553567
lambda =     3.7372; f =         3091.0383650
lambda =     7.2247; f =         3088.9493988
lambda =     13.967; f =         3086.3117614
Norm of dx    0.13684
Done for param stderr RES_OIL_us =  13.4293; f = 3086.3118
Predicted improvement:        0.000381160
lambda =          1; f =         3086.3113790
Norm of dx 0.00064523
Done for param stderr RES_TB_kor =   0.3404; f = 3086.3114
Predicted improvement:        0.000406674
lambda =          1; f =         3086.3109654
Norm of dx  0.0011877
Done for param stderr RES_RTB_kor_BAR =   0.1146; f = 3086.3110
Predicted improvement:        0.032392363
lambda =          1; f =         3086.2794171
Norm of dx  0.0036298
Done for param gamma_kor1 =   0.8269; f = 3086.2794
Predicted improvement:        0.001687787
lambda =          1; f =         3086.2777438
Norm of dx  0.0057052
Done for param gamma_kor3 =   0.4122; f = 3086.2777
Predicted improvement:        0.001477758
lambda =          1; f =         3086.2762130
Norm of dx 0.00053235
Done for param beta_kor2 =   0.0091; f = 3086.2762
Predicted improvement:        0.004725230
lambda =          1; f =         3086.2716478
Norm of dx  0.0031226
Done for param beta_kor3 =   0.0554; f = 3086.2716
Predicted improvement:        0.000216511
lambda =          1; f =         3086.2714305
Norm of dx  0.0022552
Done for param lambda_kor1 =   0.2558; f = 3086.2714
Predicted improvement:        0.000516127
lambda =          1; f =         3086.2709081
Norm of dx   0.001224
Done for param lambda_kor2 =   0.0675; f = 3086.2709
Predicted improvement:        0.001369576
lambda =          1; f =         3086.2695453
Norm of dx  0.0012462
Done for param lambda_kor3 =   0.7571; f = 3086.2695
Predicted improvement:        0.006024012
lambda =          1; f =         3086.2635530
Norm of dx  0.0087183
Done for param alpha_kor1 =   0.5682; f = 3086.2636
Predicted improvement:        0.000035843
lambda =          1; f =         3086.2635171
Norm of dx 0.00011235
Done for param alpha_kor2 =   0.0708; f = 3086.2635
Predicted improvement:        0.004142304
lambda =          1; f =         3086.2588391
Norm of dx  0.0012874
Done for param gamma_us1 =   0.8890; f = 3086.2588
Predicted improvement:        0.003744851
lambda =          1; f =         3086.2553532
Norm of dx   0.020675
Done for param gamma_us2 =   1.7744; f = 3086.2554
Predicted improvement:        0.078675708
lambda =          1; f =         3086.1449845
lambda =     1.9332; f =         3086.1220702
Norm of dx   0.039159
Done for param gamma_us3 =   0.4061; f = 3086.1221
Predicted improvement:        0.000015726
lambda =          1; f =         3086.1220544
Norm of dx 0.00026381
Done for param beta_us1 =   0.4683; f = 3086.1221
Predicted improvement:        0.003700890
lambda =          1; f =         3086.1184547
Norm of dx  0.0015827
Done for param beta_us2 =   0.0273; f = 3086.1185
Predicted improvement:        0.022603418
lambda =          1; f =         3086.0979927
Norm of dx   0.021082
Done for param lambda_us1 =   0.3836; f = 3086.0980
Predicted improvement:        0.074342771
lambda =          1; f =         3086.0112801
Norm of dx  0.0067704
Done for param lambda_us2 =   0.0983; f = 3086.0113
Predicted improvement:        0.006546053
lambda =          1; f =         3086.0047492
Norm of dx  0.0034163
Done for param lambda_us3 =   0.4318; f = 3086.0047
Predicted improvement:        0.004038305
lambda =          1; f =         3086.0007400
Norm of dx  0.0045104
Done for param rho_oil1 =   0.8806; f = 3086.0007
Sequence of univariate steps!!
Actual dxnorm 2.3365
FVAL          3086.0007
Improvement   13.1197
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 21.1638 s.
 
Iteration 5
Correct for low angle: 4.81639e-06
Predicted improvement:    53711.500312426
lambda =          1; f =   4986829138.4606543
lambda =    0.33333; f =    554088980.9580616
lambda =    0.11111; f =     61566229.3832078
lambda =   0.037037; f =      6842787.4656544
lambda =   0.012346; f =       762840.3485493
lambda =  0.0041152; f =        87433.7040706
lambda =  0.0013717; f =        12435.4182616
lambda = 0.00045725; f =         4117.8358864
lambda = 0.00015242; f =         3198.4244315
lambda = 5.0805e-05; f =         3097.7747190
lambda = 1.6935e-05; f =         3087.0846065
lambda =  5.645e-06; f =         3086.0604442
lambda = 1.8817e-06; f =         3202.3976256
lambda = 6.2723e-07; f =         3091.5950450
lambda = 2.0908e-07; f =         3088.1448759
lambda = 6.9692e-08; f =         3086.5820394
lambda = 2.3231e-08; f =         3086.1025143
lambda = 7.7435e-09; f =         3086.0139468
lambda = 2.5812e-09; f =         3086.0021356
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3086.2461320
lambda = -2.0908e-07; f =         3086.0086170
lambda = -6.9692e-08; f =         3091.7677764
lambda = -2.3231e-08; f =         3086.2055972
lambda = -7.7435e-09; f =         3086.0190269
lambda = -2.5812e-09; f =         3086.0028136
Norm of dx 9.7503e+05
Correct for low angle: 8.17986e-06
Predicted improvement:    31527.304097303
lambda =          1; f =   1615102947.4680514
lambda =    0.33333; f =    179455230.8849556
lambda =    0.11111; f =     19941087.0360656
lambda =   0.037037; f =      2218047.7577976
lambda =   0.012346; f =       249071.5541150
lambda =  0.0041152; f =        30378.0669371
lambda =  0.0013717; f =         6105.7985767
lambda = 0.00045725; f =         3417.6382271
lambda = 0.00015242; f =         3121.5864599
lambda = 5.0805e-05; f =         3089.5560083
lambda = 1.6935e-05; f =         3086.2772358
lambda =  5.645e-06; f =         3086.0060094
lambda = 1.8817e-06; f =         3096.2901352
lambda = 6.2723e-07; f =         3089.5669870
lambda = 2.0908e-07; f =         3087.2062597
lambda = 6.9692e-08; f =         3086.2626660
lambda = 2.3231e-08; f =         3086.0396334
lambda = 7.7435e-09; f =         3086.0053017
lambda = 2.5812e-09; f =         3086.0011626
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3086.0600595
lambda = -2.0908e-07; f =         3086.0007632
lambda = -6.9692e-08; f =         3086.8945978
lambda = -2.3231e-08; f =         3086.0615531
lambda = -7.7435e-09; f =         3086.0069635
lambda = -2.5812e-09; f =         3086.0015121
Norm of dx 5.7239e+05
Predicted improvement:        0.025847305
lambda =          1; f =         3085.9742726
Norm of dx   0.020845
Done for param stderr RES_RR_kor_BAR =   1.0471; f = 3085.9743
Predicted improvement:        0.000080221
lambda =          1; f =         3085.9741929
Norm of dx 0.00022682
Done for param stderr RES_RS_kor =   0.1074; f = 3085.9742
Predicted improvement:        0.006473691
lambda =          1; f =         3085.9675785
Norm of dx  0.0014178
Done for param stderr RES_UNR_kor_GAP =   0.1475; f = 3085.9676
Predicted improvement:        0.003862047
lambda =          1; f =         3085.9635387
Norm of dx  0.0016046
Done for param stderr RES_UNR_kor_BAR =   0.0581; f = 3085.9635
Predicted improvement:        0.000398984
lambda =          1; f =         3085.9631419
Norm of dx 0.00034082
Done for param stderr RES_UNR_G_kor =   0.0558; f = 3085.9631
Predicted improvement:        0.339780720
lambda =          1; f =         3085.4167257
lambda =     1.9332; f =         3085.1252948
Norm of dx   0.054239
Done for param stderr RES_Y_kor =   1.7507; f = 3085.1253
Predicted improvement:        0.000028963
lambda =          1; f =         3085.1252658
Norm of dx 3.6135e-05
Done for param stderr RES_LGDP_kor_BAR =   0.0579; f = 3085.1253
Predicted improvement:        0.000024297
lambda =          1; f =         3085.1252416
Norm of dx 0.00014099
Done for param stderr RES_G_kor =   0.2390; f = 3085.1252
Predicted improvement:        0.073166931
lambda =          1; f =         3085.0560334
Norm of dx   0.068606
Done for param stderr RES_BLT_kor =   2.4563; f = 3085.0560
Predicted improvement:        0.011256219
lambda =          1; f =         3085.0456536
Norm of dx    0.18032
Done for param stderr RES_BLT_kor_BAR =   3.0308; f = 3085.0457
Predicted improvement:        0.000037577
lambda =          1; f =         3085.0456160
Norm of dx 0.00026096
Done for param stderr RES_PIE_kor =   0.4393; f = 3085.0456
Predicted improvement:        0.000098288
lambda =          1; f =         3085.0455168
Norm of dx 0.00065615
Done for param stderr RES_PIE_E_kor4 =   0.1547; f = 3085.0455
Predicted improvement:        0.000681253
lambda =          1; f =         3085.0448374
Norm of dx    0.01658
Done for param stderr RES_LS_kor_BAR =   2.1680; f = 3085.0448
Predicted improvement:        0.001800220
lambda =          1; f =         3085.0430238
Norm of dx   0.021354
Done for param stderr RES_S_kor =   3.2416; f = 3085.0430
Predicted improvement:        0.000138812
lambda =          1; f =         3085.0428852
Norm of dx 0.00079938
Done for param stderr RES_DEF_kor =   0.6901; f = 3085.0429
Predicted improvement:        0.000049047
lambda =          1; f =         3085.0428362
Norm of dx 0.00026903
Done for param stderr RES_RS_us =   0.3900; f = 3085.0428
Predicted improvement:        0.086793253
lambda =          1; f =         3084.9354792
Norm of dx   0.038865
Done for param stderr RES_Y_us =   1.5728; f = 3084.9355
Predicted improvement:        0.000070007
lambda =          1; f =         3084.9354091
Norm of dx 5.2272e-05
Done for param stderr RES_LGDP_us_BAR =   0.0548; f = 3084.9354
Predicted improvement:        0.007798930
lambda =          1; f =         3084.9274998
Norm of dx   0.025067
Done for param stderr RES_BLT_us =   2.4760; f = 3084.9275
Predicted improvement:        0.007029731
lambda =          1; f =         3084.9205446
Norm of dx    0.12522
Done for param stderr RES_BLT_us_BAR =   4.9215; f = 3084.9205
Predicted improvement:        0.001007235
lambda =          1; f =         3084.9195389
Norm of dx  0.0010283
Done for param stderr RES_PIE_us =   0.3318; f = 3084.9195
Predicted improvement:        0.000017905
lambda =          1; f =         3084.9195210
Norm of dx 0.00020984
Done for param stderr RES_CD_kor =   0.5033; f = 3084.9195
Predicted improvement:        0.000169396
lambda =          1; f =         3084.9193498
Norm of dx 0.00077398
Done for param stderr RES_RCD_kor_BAR =   0.1146; f = 3084.9193
Predicted improvement:        0.767770398
lambda =          1; f =         3083.8168496
lambda =     1.9332; f =         3083.4506700
Norm of dx    0.75974
Done for param stderr RES_OIL_us =  14.8980; f = 3083.4507
Predicted improvement:        0.000010035
lambda =          1; f =         3083.4506600
Norm of dx 0.00017238
Done for param stderr RES_RES_CB_kor =   0.5638; f = 3083.4507
Predicted improvement:        0.016345696
lambda =          1; f =         3083.4346123
Norm of dx  0.0025178
Done for param gamma_kor1 =   0.8294; f = 3083.4346
Predicted improvement:        0.000810355
lambda =          1; f =         3083.4338001
Norm of dx  0.0039995
Done for param gamma_kor3 =   0.4162; f = 3083.4338
Predicted improvement:        0.020913756
lambda =          1; f =         3083.4130365
Norm of dx   0.012695
Done for param beta_kor1 =   0.2194; f = 3083.4130
Predicted improvement:        0.000211348
lambda =          1; f =         3083.4128239
Norm of dx 0.00063027
Done for param beta_kor3 =   0.0560; f = 3083.4128
Predicted improvement:        0.000022485
lambda =          1; f =         3083.4128014
Norm of dx 0.00073232
Done for param lambda_kor1 =   0.2565; f = 3083.4128
Predicted improvement:        0.000127992
lambda =          1; f =         3083.4126727
Norm of dx 0.00061976
Done for param lambda_kor2 =   0.0681; f = 3083.4127
Predicted improvement:        0.000018075
lambda =          1; f =         3083.4126547
Norm of dx 0.00014357
Done for param lambda_kor3 =   0.7569; f = 3083.4127
Predicted improvement:        0.001558498
lambda =          1; f =         3083.4111004
Norm of dx  0.0044266
Done for param alpha_kor1 =   0.5726; f = 3083.4111
Predicted improvement:        0.005175715
lambda =          1; f =         3083.4053955
Norm of dx  0.0014647
Done for param gamma_us1 =   0.8876; f = 3083.4054
Predicted improvement:        0.018644314
lambda =          1; f =         3083.3883081
Norm of dx   0.046544
Done for param gamma_us2 =   1.7279; f = 3083.3883
Predicted improvement:        0.014573994
lambda =          1; f =         3083.3734201
Norm of dx   0.022876
Done for param gamma_us3 =   0.4290; f = 3083.3734
Predicted improvement:        0.000887813
lambda =          1; f =         3083.3725475
Norm of dx  0.0020028
Done for param beta_us1 =   0.4703; f = 3083.3725
Predicted improvement:        0.000323685
lambda =          1; f =         3083.3722281
Norm of dx 0.00044868
Done for param beta_us2 =   0.0269; f = 3083.3722
Predicted improvement:        0.000661098
lambda =          1; f =         3083.3715680
Norm of dx  0.0034231
Done for param lambda_us1 =   0.3802; f = 3083.3716
Predicted improvement:        0.019885831
lambda =          1; f =         3083.3502844
Norm of dx  0.0036712
Done for param lambda_us2 =   0.0946; f = 3083.3503
Predicted improvement:        0.002062733
lambda =          1; f =         3083.3482243
Norm of dx  0.0019278
Done for param lambda_us3 =   0.4299; f = 3083.3482
Predicted improvement:        0.000603679
lambda =          1; f =         3083.3476228
Norm of dx  0.0017903
Done for param rho_oil1 =   0.8824; f = 3083.3476
Sequence of univariate steps!!
Actual dxnorm 1.4924
FVAL          3083.3476
Improvement   2.6531
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 21.6598 s.
 
Iteration 6
Correct for low angle: 9.50943e-06
Predicted improvement:    27212.964311253
lambda =          1; f = 1795508611633.6459961
lambda =    0.33333; f = 199500888812.9475403
lambda =    0.11111; f =  22166744590.8249969
lambda =   0.037037; f =   2462966513.8612533
lambda =   0.012346; f =    273663074.9921961
lambda =  0.0041152; f =     30408880.3811291
lambda =  0.0013717; f =      3381216.3102976
lambda = 0.00045725; f =       378335.7214978
lambda = 0.00015242; f =        44746.5268122
lambda = 5.0805e-05; f =         7702.1217647
lambda = 1.6935e-05; f =         3593.0719854
lambda =  5.645e-06; f =         3138.8390522
lambda = 1.8817e-06; f =         3089.1398987
lambda = 6.2723e-07; f =         3083.8745062
lambda = 2.0908e-07; f =         3083.3750411
lambda = 6.9692e-08; f =         3128.0568783
lambda = 2.3231e-08; f =         3083.8001918
lambda = 7.7435e-09; f =         3083.3820209
lambda = 2.5812e-09; f =         3083.3509597
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3097.3736353
lambda = -2.0908e-07; f =         3086.4624010
lambda = -6.9692e-08; f =         3084.2691046
lambda = -2.3231e-08; f =         3083.5296357
lambda = -7.7435e-09; f =         3083.3738618
lambda = -2.5812e-09; f =         3083.3509145
Norm of dx 1.3482e+06
Predicted improvement:       51.551646994
lambda =          1; f =      3548277.5184117
lambda =    0.33333; f =       396894.5557153
lambda =    0.11111; f =        46807.0795804
lambda =   0.037037; f =         7930.5317591
lambda =   0.012346; f =         3618.2688244
lambda =  0.0041152; f =         3141.5796617
lambda =  0.0013717; f =         3089.4311865
lambda = 0.00045725; f =         3083.9038079
lambda = 0.00015242; f =         3083.3772784
lambda = 5.0805e-05; f =         3140.7216484
lambda = 1.6935e-05; f =         3083.8559354
lambda =  5.645e-06; f =         3083.3869569
lambda = 1.8817e-06; f =         3083.3514527
lambda = 6.2723e-07; f =         3083.3479916
lambda = 2.0908e-07; f =         3083.3476489
lambda = 6.9692e-08; f =         3083.3476209
lambda = 2.3231e-08; f =         3083.3476210
lambda = 4.4909e-08; f =         3083.3476203
Norm of dx     2013.5
Predicted improvement:        0.009344655
lambda =          1; f =         3083.3382827
Norm of dx   0.012994
Done for param stderr RES_RR_kor_BAR =   1.0601; f = 3083.3383
Predicted improvement:        0.000149678
lambda =          1; f =         3083.3381328
Norm of dx 0.00030918
Done for param stderr RES_RS_kor =   0.1078; f = 3083.3381
Predicted improvement:        0.000042361
lambda =          1; f =         3083.3380905
Norm of dx 0.00011806
Done for param stderr RES_UNR_kor_GAP =   0.1474; f = 3083.3381
Predicted improvement:        0.000258399
lambda =          1; f =         3083.3378300
Norm of dx 0.00043887
Done for param stderr RES_UNR_kor_BAR =   0.0586; f = 3083.3378
Predicted improvement:        0.000076349
lambda =          1; f =         3083.3377538
Norm of dx 0.00014884
Done for param stderr RES_UNR_G_kor =   0.0557; f = 3083.3378
Predicted improvement:        0.124123964
lambda =          1; f =         3083.2007233
Norm of dx   0.056864
Done for param stderr RES_Y_kor =   1.8075; f = 3083.2007
Predicted improvement:        0.003259996
lambda =          1; f =         3083.1974487
Norm of dx   0.014531
Done for param stderr RES_BLT_kor =   2.4709; f = 3083.1974
Predicted improvement:        0.000953645
lambda =          1; f =         3083.1965167
Norm of dx    0.04709
Done for param stderr RES_BLT_kor_BAR =   2.9837; f = 3083.1965
Predicted improvement:        0.000059064
lambda =          1; f =         3083.1964573
Norm of dx 0.00051521
Done for param stderr RES_PIE_E_kor4 =   0.1552; f = 3083.1965
Predicted improvement:        0.000133052
lambda =          1; f =         3083.1963245
Norm of dx  0.0052559
Done for param stderr RES_CA_kor =   4.1250; f = 3083.1963
Predicted improvement:        0.000711388
lambda =          1; f =         3083.1956128
Norm of dx   0.016973
Done for param stderr RES_LS_kor_BAR =   2.1510; f = 3083.1956
Predicted improvement:        0.001000836
lambda =          1; f =         3083.1946070
Norm of dx   0.015981
Done for param stderr RES_S_kor =   3.2576; f = 3083.1946
Predicted improvement:        0.000076004
lambda =          1; f =         3083.1945311
Norm of dx 0.00059056
Done for param stderr RES_DEF_kor =   0.6896; f = 3083.1945
Predicted improvement:        0.000435827
lambda =          1; f =         3083.1940939
Norm of dx 0.00079743
Done for param stderr RES_RS_us =   0.3908; f = 3083.1941
Predicted improvement:        0.010438644
lambda =          1; f =         3083.1830428
Norm of dx   0.015668
Done for param stderr RES_Y_us =   1.5885; f = 3083.1830
Predicted improvement:        0.000894003
lambda =          1; f =         3083.1821431
Norm of dx  0.0085901
Done for param stderr RES_BLT_us =   2.4846; f = 3083.1821
Predicted improvement:        0.001659846
lambda =          1; f =         3083.1804914
Norm of dx   0.060337
Done for param stderr RES_BLT_us_BAR =   4.8611; f = 3083.1805
Predicted improvement:        0.000215706
lambda =          1; f =         3083.1802762
Norm of dx 0.00047401
Done for param stderr RES_PIE_us =   0.3313; f = 3083.1803
Predicted improvement:        0.009234801
lambda =          1; f =         3083.1706496
Norm of dx    0.13455
Done for param stderr RES_OIL_us =  15.0326; f = 3083.1706
Predicted improvement:        0.000040353
lambda =          1; f =         3083.1706092
Norm of dx 0.00021071
Done for param stderr RES_TB_kor =   0.3406; f = 3083.1706
Predicted improvement:        0.005907847
lambda =          1; f =         3083.1647648
Norm of dx  0.0014873
Done for param gamma_kor1 =   0.8309; f = 3083.1648
Predicted improvement:        0.000811937
lambda =          1; f =         3083.1639509
Norm of dx  0.0040486
Done for param gamma_kor3 =   0.4203; f = 3083.1640
Predicted improvement:        0.004130771
lambda =          1; f =         3083.1598258
Norm of dx  0.0055979
Done for param beta_kor1 =   0.2138; f = 3083.1598
Predicted improvement:        0.000034545
lambda =          1; f =         3083.1597912
Norm of dx 8.6255e-05
Done for param beta_kor2 =   0.0091; f = 3083.1598
Predicted improvement:        0.000047958
lambda =          1; f =         3083.1597431
Norm of dx  0.0010723
Done for param lambda_kor1 =   0.2576; f = 3083.1597
Predicted improvement:        0.000045827
lambda =          1; f =         3083.1596973
Norm of dx 0.00037395
Done for param lambda_kor2 =   0.0685; f = 3083.1597
Predicted improvement:        0.000011415
lambda =          1; f =         3083.1596858
Norm of dx  0.0001144
Done for param lambda_kor3 =   0.7571; f = 3083.1597
Predicted improvement:        0.001787916
lambda =          1; f =         3083.1578916
Norm of dx 0.00091576
Done for param gamma_us1 =   0.8866; f = 3083.1579
Predicted improvement:        0.002741004
lambda =          1; f =         3083.1551786
Norm of dx   0.017045
Done for param gamma_us2 =   1.7109; f = 3083.1552
Predicted improvement:        0.003597578
lambda =          1; f =         3083.1516513
Norm of dx   0.011703
Done for param gamma_us3 =   0.4407; f = 3083.1517
Predicted improvement:        0.000223604
lambda =          1; f =         3083.1514284
Norm of dx 0.00099507
Done for param beta_us1 =   0.4713; f = 3083.1514
Predicted improvement:        0.000013847
lambda =          1; f =         3083.1514145
Norm of dx 0.00049359
Done for param lambda_us1 =   0.3797; f = 3083.1514
Predicted improvement:        0.003895779
lambda =          1; f =         3083.1475341
Norm of dx  0.0016795
Done for param lambda_us2 =   0.0929; f = 3083.1475
Predicted improvement:        0.000303461
lambda =          1; f =         3083.1472308
Norm of dx 0.00074076
Done for param lambda_us3 =   0.4291; f = 3083.1472
Sequence of univariate steps!!
Actual dxnorm 0.17015
FVAL          3083.1472
Improvement   0.20039
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 21.069 s.
 
Iteration 7
Correct for low angle: 6.07143e-05
Predicted improvement:     4260.510252072
lambda =          1; f =   9477575457.7367039
lambda =    0.33333; f =   1053059119.2729191
lambda =    0.11111; f =    117006807.1266812
lambda =   0.037037; f =     13002671.4387004
lambda =   0.012346; f =      1447209.8284858
lambda =  0.0041152; f =       163451.8824986
lambda =  0.0013717; f =        20872.5440380
lambda = 0.00045725; f =         5050.3822865
lambda = 0.00015242; f =         3298.6633567
lambda = 5.0805e-05; f =         3106.0911188
lambda = 1.6935e-05; f =         3085.3767927
lambda =  5.645e-06; f =         3083.3026531
lambda = 1.8817e-06; f =         3083.1480106
lambda = 6.2723e-07; f =         3088.1136390
lambda = 2.0908e-07; f =         3084.3450044
lambda = 6.9692e-08; f =         3083.3881541
lambda = 2.3231e-08; f =         3083.1824494
lambda = 7.7435e-09; f =         3083.1515408
lambda = 2.5812e-09; f =         3083.1477138
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3083.1928591
lambda = -2.0908e-07; f =         3952.4535747
lambda = -6.9692e-08; f =         3083.8503052
lambda = -2.3231e-08; f =         3083.1973591
lambda = -7.7435e-09; f =         3083.1521976
lambda = -2.5812e-09; f =         3083.1477760
Norm of dx 5.3231e+05
Predicted improvement:       33.918373187
lambda =          1; f =         7987.7244600
lambda =    0.33333; f =         3624.6974933
lambda =    0.11111; f =         3142.2054769
lambda =   0.037037; f =         3089.3460546
lambda =   0.012346; f =         3083.7218782
lambda =  0.0041152; f =         3083.1799372
lambda =  0.0013717; f =         3493.9371339
lambda = 0.00045725; f =         3090.8141697
lambda = 0.00015242; f =         3084.4995942
lambda = 5.0805e-05; f =         3083.3643070
lambda = 1.6935e-05; f =         3083.1752612
lambda =  5.645e-06; f =         3083.1503108
lambda = 1.8817e-06; f =         3083.1474968
lambda = 6.2723e-07; f =         3083.1472323
lambda = 2.0908e-07; f =         3083.1472215
Norm of dx     706.29
Predicted improvement:        0.002804380
lambda =          1; f =         3083.1444429
Norm of dx  0.0072553
Done for param stderr RES_RR_kor_BAR =   1.0674; f = 3083.1444
Predicted improvement:        0.000078439
lambda =          1; f =         3083.1443638
Norm of dx 0.00022356
Done for param stderr RES_RS_kor =   0.1080; f = 3083.1444
Predicted improvement:        0.000035758
lambda =          1; f =         3083.1443281
Norm of dx 0.00010851
Done for param stderr RES_UNR_kor_GAP =   0.1473; f = 3083.1443
Predicted improvement:        0.000018627
lambda =          1; f =         3083.1443095
Norm of dx 0.00011929
Done for param stderr RES_UNR_kor_BAR =   0.0587; f = 3083.1443
Predicted improvement:        0.004188594
lambda =          1; f =         3083.1400771
Norm of dx   0.011583
Done for param stderr RES_Y_kor =   1.8191; f = 3083.1401
Predicted improvement:        0.000566113
lambda =          1; f =         3083.1395098
Norm of dx  0.0060996
Done for param stderr RES_BLT_kor =   2.4770; f = 3083.1395
Predicted improvement:        0.000027112
lambda =          1; f =         3083.1394826
Norm of dx  0.0076903
Done for param stderr RES_BLT_kor_BAR =   2.9760; f = 3083.1395
Predicted improvement:        0.000105216
lambda =          1; f =         3083.1393776
Norm of dx  0.0046712
Done for param stderr RES_CA_kor =   4.1203; f = 3083.1394
Predicted improvement:        0.000307665
lambda =          1; f =         3083.1390706
Norm of dx   0.011195
Done for param stderr RES_LS_kor_BAR =   2.1398; f = 3083.1391
Predicted improvement:        0.000417751
lambda =          1; f =         3083.1386515
Norm of dx   0.010357
Done for param stderr RES_S_kor =   3.2679; f = 3083.1387
Predicted improvement:        0.000013831
lambda =          1; f =         3083.1386376
Norm of dx 0.00025152
Done for param stderr RES_DEF_kor =   0.6893; f = 3083.1386
Predicted improvement:        0.000067558
lambda =          1; f =         3083.1385700
Norm of dx 0.00031505
Done for param stderr RES_RS_us =   0.3911; f = 3083.1386
Predicted improvement:        0.000212110
lambda =          1; f =         3083.1383573
Norm of dx  0.0023357
Done for param stderr RES_Y_us =   1.5908; f = 3083.1384
Predicted improvement:        0.000144756
lambda =          1; f =         3083.1382123
Norm of dx  0.0034711
Done for param stderr RES_BLT_us =   2.4881; f = 3083.1382
Predicted improvement:        0.000253585
lambda =          1; f =         3083.1379592
Norm of dx   0.023471
Done for param stderr RES_BLT_us_BAR =   4.8376; f = 3083.1380
Predicted improvement:        0.000043615
lambda =          1; f =         3083.1379156
Norm of dx  0.0002126
Done for param stderr RES_PIE_us =   0.3311; f = 3083.1379
Predicted improvement:        0.000024994
lambda =          1; f =         3083.1378906
Norm of dx  0.0072605
Done for param stderr RES_OIL_us =  15.0399; f = 3083.1379
Predicted improvement:        0.002373843
lambda =          1; f =         3083.1355326
Norm of dx 0.00093299
Done for param gamma_kor1 =   0.8318; f = 3083.1355
Predicted improvement:        0.000285979
lambda =          1; f =         3083.1352463
Norm of dx  0.0024213
Done for param gamma_kor3 =   0.4227; f = 3083.1352
Predicted improvement:        0.000288662
lambda =          1; f =         3083.1349581
Norm of dx  0.0014742
Done for param beta_kor1 =   0.2123; f = 3083.1350
Predicted improvement:        0.000022611
lambda =          1; f =         3083.1349355
Norm of dx 0.00073901
Done for param lambda_kor1 =   0.2583; f = 3083.1349
Predicted improvement:        0.000012226
lambda =          1; f =         3083.1349233
Norm of dx 0.00019411
Done for param lambda_kor2 =   0.0687; f = 3083.1349
Predicted improvement:        0.000244178
lambda =          1; f =         3083.1346790
Norm of dx 0.00034022
Done for param gamma_us1 =   0.8863; f = 3083.1347
Predicted improvement:        0.000775360
lambda =          1; f =         3083.1339074
Norm of dx  0.0090062
Done for param gamma_us2 =   1.7018; f = 3083.1339
Predicted improvement:        0.000714115
lambda =          1; f =         3083.1331948
Norm of dx   0.005191
Done for param gamma_us3 =   0.4459; f = 3083.1332
Predicted improvement:        0.000027369
lambda =          1; f =         3083.1331674
Norm of dx 0.00034702
Done for param beta_us1 =   0.4716; f = 3083.1332
Predicted improvement:        0.000017119
lambda =          1; f =         3083.1331503
Norm of dx 0.00054816
Done for param lambda_us1 =   0.3791; f = 3083.1332
Predicted improvement:        0.000432234
lambda =          1; f =         3083.1327176
Norm of dx 0.00055694
Done for param lambda_us2 =   0.0924; f = 3083.1327
Predicted improvement:        0.000018555
lambda =          1; f =         3083.1326990
Norm of dx 0.00018325
Done for param lambda_us3 =   0.4289; f = 3083.1327
Sequence of univariate steps!!
Actual dxnorm 0.035741
FVAL          3083.1327
Improvement   0.014532
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 20.4039 s.
 
Iteration 8
Correct for low angle: 3.8726e-05
Predicted improvement:     6680.792793860
lambda =          1; f =  31864081957.8118401
lambda =    0.33333; f =   3540441959.4272904
lambda =    0.11111; f =    393380424.4554523
lambda =   0.037037; f =     43710109.6331550
lambda =   0.012346; f =      4858907.5415025
lambda =  0.0041152; f =       542451.5010459
lambda =  0.0013717; f =        62957.8152737
lambda = 0.00045725; f =         9718.0619100
lambda = 0.00015242; f =         3814.6901371
lambda = 5.0805e-05; f =         3162.5584002
lambda = 1.6935e-05; f =         3091.3530633
lambda =  5.645e-06; f =         3083.8588083
lambda = 1.8817e-06; f =         3083.1652629
lambda = 6.2723e-07; f =         3110.3443869
lambda = 2.0908e-07; f =         3086.5239348
lambda = 6.9692e-08; f =         3084.1178512
lambda = 2.3231e-08; f =         3083.3288891
lambda = 7.7435e-09; f =         3083.1609070
lambda = 2.5812e-09; f =         3083.1361332
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3083.7201886
lambda = -2.0908e-07; f =         3083.1647837
lambda = -6.9692e-08; f =         3159.3093890
lambda = -2.3231e-08; f =         3083.6482834
lambda = -7.7435e-09; f =         3083.1714971
lambda = -2.5812e-09; f =         3083.1365783
Norm of dx 1.4161e+06
Predicted improvement:        0.022524569
lambda =          1; f =         3083.6165158
lambda =    0.33333; f =         3083.1738823
lambda =    0.11111; f =         3083.1338538
lambda =   0.037037; f =         3083.1317120
Norm of dx    0.30626
Predicted improvement:        0.000760608
lambda =          1; f =         3083.1309516
Norm of dx  0.0037984
Done for param stderr RES_RR_kor_BAR =   1.0727; f = 3083.1310
Predicted improvement:        0.000067359
lambda =          1; f =         3083.1308840
Norm of dx 0.00020801
Done for param stderr RES_RS_kor =   0.1081; f = 3083.1309
Predicted improvement:        0.000010071
lambda =          1; f =         3083.1308740
Norm of dx 8.7742e-05
Done for param stderr RES_UNR_kor_BAR =   0.0587; f = 3083.1309
Predicted improvement:        0.000015289
lambda =          1; f =         3083.1308587
Norm of dx 0.00071059
Done for param stderr RES_Y_kor =   1.8201; f = 3083.1309
Predicted improvement:        0.000029992
lambda =          1; f =         3083.1308287
Norm of dx  0.0014094
Done for param stderr RES_BLT_kor =   2.4788; f = 3083.1308
Predicted improvement:        0.000041823
lambda =          1; f =         3083.1307867
Norm of dx 0.00043855
Done for param stderr RES_PIE_E_kor4 =   0.1558; f = 3083.1308
Predicted improvement:        0.000055122
lambda =          1; f =         3083.1307316
Norm of dx  0.0033782
Done for param stderr RES_CA_kor =   4.1169; f = 3083.1307
Predicted improvement:        0.000088985
lambda =          1; f =         3083.1306428
Norm of dx  0.0060252
Done for param stderr RES_LS_kor_BAR =   2.1325; f = 3083.1306
Predicted improvement:        0.000146865
lambda =          1; f =         3083.1304956
Norm of dx  0.0061551
Done for param stderr RES_S_kor =   3.2748; f = 3083.1305
Predicted improvement:        0.000016557
lambda =          1; f =         3083.1304791
Norm of dx 0.00015611
Done for param stderr RES_RS_us =   0.3912; f = 3083.1305
Predicted improvement:        0.000033419
lambda =          1; f =         3083.1304456
Norm of dx 0.00092969
Done for param stderr RES_Y_us =   1.5915; f = 3083.1304
Predicted improvement:        0.000015742
lambda =          1; f =         3083.1304299
Norm of dx  0.0058343
Done for param stderr RES_BLT_us_BAR =   4.8280; f = 3083.1304
Predicted improvement:        0.000013431
lambda =          1; f =         3083.1304165
Norm of dx  0.0053336
Done for param stderr RES_OIL_us =  15.0397; f = 3083.1304
Predicted improvement:        0.000845015
lambda =          1; f =         3083.1295746
Norm of dx 0.00055248
Done for param gamma_kor1 =   0.8325; f = 3083.1296
Predicted improvement:        0.000065734
lambda =          1; f =         3083.1295089
Norm of dx  0.0011672
Done for param gamma_kor3 =   0.4243; f = 3083.1295
Predicted improvement:        0.000011023
lambda =          1; f =         3083.1294979
Norm of dx 0.00014562
Done for param beta_kor3 =   0.0562; f = 3083.1295
Predicted improvement:        0.000010253
lambda =          1; f =         3083.1294877
Norm of dx  0.0004989
Done for param lambda_kor1 =   0.2588; f = 3083.1295
Predicted improvement:        0.000024519
lambda =          1; f =         3083.1294632
Norm of dx 0.00016805
Done for param lambda_kor3 =   0.7572; f = 3083.1295
Predicted improvement:        0.000047865
lambda =          1; f =         3083.1294153
Norm of dx 0.00015111
Done for param gamma_us1 =   0.8860; f = 3083.1294
Predicted improvement:        0.000040076
lambda =          1; f =         3083.1293752
Norm of dx  0.0020312
Done for param gamma_us2 =   1.6952; f = 3083.1294
Predicted improvement:        0.000068033
lambda =          1; f =         3083.1293072
Norm of dx 0.00022097
Done for param lambda_us2 =   0.0922; f = 3083.1293
Sequence of univariate steps!!
Actual dxnorm 0.017088
FVAL          3083.1293
Improvement   0.0033919
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 19.5082 s.
 
Iteration 9
Correct for low angle: 0.000951347
Predicted improvement:      271.896993800
lambda =          1; f =   6777736460.4551439
lambda =    0.33333; f =    753080093.1029447
lambda =    0.11111; f =     83676818.3174881
lambda =   0.037037; f =      9299669.6490350
lambda =   0.012346; f =      1035872.4057779
lambda =  0.0041152; f =       117782.6402590
lambda =  0.0013717; f =        15809.2723517
lambda = 0.00045725; f =         4491.0895087
lambda = 0.00015242; f =         3237.5735231
lambda = 5.0805e-05; f =         3099.6431322
lambda = 1.6935e-05; f =         3084.7619877
lambda =  5.645e-06; f =         3083.2514927
lambda = 1.8817e-06; f =         3083.1309189
lambda = 6.2723e-07; f =         3085.2682032
lambda = 2.0908e-07; f =         3083.2537482
lambda = 6.9692e-08; f =         3083.1412170
lambda = 2.3231e-08; f =         3083.1305651
lambda = 7.7435e-09; f =         3083.1294420
lambda = 2.5812e-09; f =         3083.1293211
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3083.7628733
lambda = -2.0908e-07; f =         3083.2153733
lambda = -6.9692e-08; f =         3083.1399196
lambda = -2.3231e-08; f =         3083.1305414
lambda = -7.7435e-09; f =         3083.1294492
lambda = -2.5812e-09; f =         3083.1293240
Norm of dx      94001
Predicted improvement:       21.791064912
lambda =          1; f =        16965.4243844
lambda =    0.33333; f =         4619.8300734
lambda =    0.11111; f =         3251.9881144
lambda =   0.037037; f =         3101.2720872
lambda =   0.012346; f =         3084.9456641
lambda =  0.0041152; f =         3083.2715511
lambda =  0.0013717; f =         3083.1321832
lambda = 0.00045725; f =         3104.4367835
lambda = 0.00015242; f =         3086.1765665
lambda = 5.0805e-05; f =         3083.6704423
lambda = 1.6935e-05; f =         3083.2072559
lambda =  5.645e-06; f =         3083.1388009
lambda = 1.8817e-06; f =         3083.1303501
lambda = 6.2723e-07; f =         3083.1294065
lambda = 2.0908e-07; f =         3083.1293122
lambda = 6.9692e-08; f =         3083.1293057
Norm of dx     1210.1
Predicted improvement:        0.000312404
lambda =          1; f =         3083.1289925
Norm of dx  0.0024426
Done for param stderr RES_RR_kor_BAR =   1.0751; f = 3083.1290
Predicted improvement:        0.000017530
lambda =          1; f =         3083.1289750
Norm of dx 0.00010635
Done for param stderr RES_RS_kor =   0.1082; f = 3083.1290
Predicted improvement:        0.000017095
lambda =          1; f =         3083.1289579
Norm of dx  0.0018795
Done for param stderr RES_CA_kor =   4.1150; f = 3083.1290
Predicted improvement:        0.000037703
lambda =          1; f =         3083.1289202
Norm of dx  0.0039235
Done for param stderr RES_LS_kor_BAR =   2.1285; f = 3083.1289
Predicted improvement:        0.000054236
lambda =          1; f =         3083.1288660
Norm of dx  0.0037454
Done for param stderr RES_S_kor =   3.2785; f = 3083.1289
Predicted improvement:        0.000026192
lambda =          1; f =         3083.1288398
Norm of dx   0.001478
Done for param stderr RES_BLT_us =   2.4901; f = 3083.1288
Predicted improvement:        0.000254889
lambda =          1; f =         3083.1285853
Norm of dx 0.00030224
Done for param gamma_kor1 =   0.8328; f = 3083.1286
Predicted improvement:        0.000037539
lambda =          1; f =         3083.1285478
Norm of dx 0.00088419
Done for param gamma_kor3 =   0.4252; f = 3083.1285
Predicted improvement:        0.000011498
lambda =          1; f =         3083.1285363
Norm of dx 6.3977e-05
Done for param alpha_kor2 =   0.0709; f = 3083.1285
Sequence of univariate steps!!
Actual dxnorm 0.0064807
FVAL          3083.1285
Improvement   0.00077089
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 17.2633 s.
 
Iteration 10
Correct for low angle: 4.56611e-05
Predicted improvement:     5670.319087945
lambda =          1; f = 5873192936173.5419922
lambda =    0.33333; f = 652576865166.6622314
lambda =    0.11111; f =  72508499843.3922729
lambda =   0.037037; f =   8056488249.0514441
lambda =   0.012346; f =    895163288.8281335
lambda =  0.0041152; f =     99463728.6702969
lambda =  0.0013717; f =     11053735.1653346
lambda = 0.00045725; f =      1230756.9606533
lambda = 0.00015242; f =       139432.7013260
lambda = 5.0805e-05; f =        18213.5775667
lambda = 1.6935e-05; f =         4757.8128484
lambda =  5.645e-06; f =         3267.0620138
lambda = 1.8817e-06; f =         3102.8661697
lambda = 6.2723e-07; f =         3085.1007502
lambda = 2.0908e-07; f =         3083.2820024
lambda = 6.9692e-08; f =         3083.1314752
lambda = 2.3231e-08; f =         3085.9453717
lambda = 7.7435e-09; f =         3083.2714929
lambda = 2.5812e-09; f =         3083.1417921
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3083.3714372
lambda = -2.0908e-07; f =         3083.1321783
lambda = -6.9692e-08; f =         3087.7958056
lambda = -2.3231e-08; f =         3083.7381980
lambda = -7.7435e-09; f =         3083.2187649
lambda = -2.5812e-09; f =         3083.1399777
Norm of dx  2.635e+06
Predicted improvement:        0.000496015
lambda =          1; f =         3083.1284705
lambda =    0.33333; f =         3083.1283089
Norm of dx  0.0083743
Predicted improvement:        0.000038804
lambda =          1; f =         3083.1282700
Norm of dx 0.00086576
Done for param stderr RES_RR_kor_BAR =   1.0773; f = 3083.1283
Predicted improvement:        0.000036950
lambda =          1; f =         3083.1282331
Norm of dx 0.00011467
Done for param gamma_kor1 =   0.8332; f = 3083.1282
Predicted improvement:        0.000013642
lambda =          1; f =         3083.1282195
Norm of dx 0.00057652
Done for param lambda_kor1 =   0.2594; f = 3083.1282
Predicted improvement:        0.000010986
lambda =          1; f =         3083.1282085
Norm of dx 0.00046863
Done for param gamma_kor2 =   1.5554; f = 3083.1282
Sequence of univariate steps!!
Actual dxnorm 0.003394
FVAL          3083.1282
Improvement   0.00032781
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 16.3656 s.
 
Iteration 11
Correct for low angle: 0.000266334
Predicted improvement:      971.225793895
lambda =          1; f = 269157744575.7686462
lambda =    0.33333; f =  29906391411.9961052
lambda =    0.11111; f =   3322925997.1807108
lambda =   0.037037; f =    369213703.6088312
lambda =   0.012346; f =     41025475.7377223
lambda =  0.0041152; f =      4560791.7081732
lambda =  0.0013717; f =       509383.9828660
lambda = 0.00045725; f =        59301.8041378
lambda = 0.00015242; f =         9317.3616416
lambda = 5.0805e-05; f =         3771.7485552
lambda = 1.6935e-05; f =         3158.2996657
lambda =  5.645e-06; f =         3091.0447694
lambda = 1.8817e-06; f =         3083.8704055
lambda = 6.2723e-07; f =         3083.1726445
lambda = 2.0908e-07; f =         3703.1625441
lambda = 6.9692e-08; f =         3083.8138811
lambda = 2.3231e-08; f =         3083.1771481
lambda = 7.7435e-09; f =         3083.1330068
lambda = 2.5812e-09; f =         3083.1287175
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3088.0416388
lambda = -2.0908e-07; f =         3084.3141172
lambda = -6.9692e-08; f =         3083.3664063
lambda = -2.3231e-08; f =         3083.1630995
lambda = -7.7435e-09; f =         3083.1325255
lambda = -2.5812e-09; f =         3083.1287098
Norm of dx  5.279e+05
Predicted improvement:        0.000035652
lambda =          1; f =         3083.1281837
Norm of dx  0.0012474
Predicted improvement:        0.000010303
lambda =          1; f =         3083.1281734
Norm of dx 5.4536e-05
Done for param stderr RES_UNR_G_kor =   0.0556; f = 3083.1282
Predicted improvement:        0.000011430
lambda =          1; f =         3083.1281620
Norm of dx 0.00023116
Done for param stderr RES_PIE_E_kor4 =   0.1561; f = 3083.1282
Sequence of univariate steps!!
Actual dxnorm 0.0012698
FVAL          3083.1282
Improvement   4.6518e-05
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 16.3667 s.
 
Iteration 12
Correct for low angle: 0.00173101
Predicted improvement:      149.432898428
lambda =          1; f =   8489306461.4041471
lambda =    0.33333; f =    943252508.7792295
lambda =    0.11111; f =    104806410.1843953
lambda =   0.037037; f =     11647177.8090427
lambda =   0.012346; f =      1296632.1496858
lambda =  0.0041152; f =       146731.1633932
lambda =  0.0013717; f =        19017.5158109
lambda = 0.00045725; f =         4844.8075674
lambda = 0.00015242; f =         3275.9567361
lambda = 5.0805e-05; f =         3103.6006223
lambda = 1.6935e-05; f =         3085.0997398
lambda =  5.645e-06; f =         3083.2606252
lambda = 1.8817e-06; f =         3083.1284588
lambda = 6.2723e-07; f =         3084.6256912
lambda = 2.0908e-07; f =         3083.2322348
lambda = 6.9692e-08; f =         3083.1384268
lambda = 2.3231e-08; f =         3083.1292574
lambda = 7.7435e-09; f =         3083.1282807
lambda = 2.5812e-09; f =         3083.1281746
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3083.6805410
lambda = -2.0908e-07; f =         3083.2043870
lambda = -6.9692e-08; f =         3083.1374567
lambda = -2.3231e-08; f =         3083.1292341
lambda = -7.7435e-09; f =         3083.1282840
lambda = -2.5812e-09; f =         3083.1281761
Norm of dx      95071
Predicted improvement:        0.000000002
lambda =          1; f =         3083.1281620
lambda =    0.33333; f =         3083.1281620
lambda =    0.11111; f =         3083.1281620
lambda =   0.037037; f =         3083.1281620
Norm of dx 9.3447e-06
Sequence of univariate steps!!
Try diagonal Hessian
Predicted improvement:        1.253307380
lambda =          1; f =         4650.6643270
lambda =    0.33333; f =         3255.2877930
lambda =    0.11111; f =         3101.5944437
lambda =   0.037037; f =         3084.9669009
lambda =   0.012346; f =         3083.2692281
lambda =  0.0041152; f =         3083.1305418
lambda =  0.0013717; f =         3086.3496662
lambda = 0.00045725; f =         3083.3926040
lambda = 0.00015242; f =         3083.1584402
lambda = 5.0805e-05; f =         3083.1315354
lambda = 1.6935e-05; f =         3083.1285130
lambda =  5.645e-06; f =         3083.1281918
lambda = 1.8817e-06; f =         3083.1281622
lambda = 6.2723e-07; f =         3083.1281609
Norm of dx     70.973
Try gradient direction
Predicted improvement:        0.000019765
lambda =          1; f =         3083.1281530
lambda =    0.33333; f =         3083.1281513
lambda =    0.64439; f =         3083.1281486
Norm of dx 6.2873e-05
Gradient direction successful
Actual dxnorm 6.1862e-05
FVAL          3083.1281
Improvement   1.3333e-05
Ftol          1e-05
Htol          1e-05
Elapsed time for iteration 16.5 s.
 
Iteration 13
Correct for low angle: 0.000407172
Predicted improvement:      635.284580050
lambda =          1; f = 109913684838.2600098
lambda =    0.33333; f =  12212607423.9328117
lambda =    0.11111; f =   1356950139.0559821
lambda =   0.037037; f =    150771988.2452016
lambda =   0.012346; f =     16754189.8806894
lambda =  0.0041152; f =      1863986.7012343
lambda =  0.0013717; f =       209740.2125587
lambda = 0.00045725; f =        26008.4194815
lambda = 0.00015242; f =         5618.2154256
lambda = 5.0805e-05; f =         3360.7763604
lambda = 1.6935e-05; f =         3112.6581630
lambda =  5.645e-06; f =         3085.9915617
lambda = 1.8817e-06; f =         3083.3292999
lambda = 6.2723e-07; f =         3083.1318010
lambda = 2.0908e-07; f =         3086.6876679
lambda = 6.9692e-08; f =         3083.3079931
lambda = 2.3231e-08; f =         3083.1447660
lambda = 7.7435e-09; f =         3083.1298880
lambda = 2.5812e-09; f =         3083.1283361
lambda = -6.272254743863071e-07
lambda = -6.2723e-07; f =         3086.3803672
lambda = -2.0908e-07; f =         3083.8331932
lambda = -6.9692e-08; f =         3083.2390796
lambda = -2.3231e-08; f =         3083.1423699
lambda = -7.7435e-09; f =         3083.1298184
lambda = -2.5812e-09; f =         3083.1283397
Norm of dx 3.3199e+05
Norm of dx          0
Sequence of univariate steps!!
Try diagonal Hessian
Predicted improvement:        1.186764525
lambda =          1; f =       245285.4873026
lambda =    0.33333; f =        29969.4425287
lambda =    0.11111; f =         6062.1512416
lambda =   0.037037; f =         3411.3567722
lambda =   0.012346; f =         3118.6811299
lambda =  0.0041152; f =         3086.7806395
lambda =  0.0013717; f =         3083.4424824
lambda = 0.00045725; f =         3083.1403567
lambda = 0.00015242; f =         3092.6495246
lambda = 5.0805e-05; f =         3083.3966100
lambda = 1.6935e-05; f =         3083.1508820
lambda =  5.645e-06; f =         3083.1304728
lambda = 1.8817e-06; f =         3083.1283973
lambda = 6.2723e-07; f =         3083.1281750
lambda = 2.0908e-07; f =         3083.1281512
lambda = 6.9692e-08; f =         3083.1281488
lambda = 2.3231e-08; f =         3083.1281486
Norm of dx     508.42
Try gradient direction
Predicted improvement:        0.000029295
lambda =          1; f =         3083.1281844
lambda =    0.33333; f =         3083.1281396
Norm of dx 7.6544e-05
No further improvement is possible!
Actual dxnorm 2.8181e-05
FVAL          3083.1281
Improvement   9.0635e-06
Ftol          1e-05
Htol          1e-05
Gradient norm  0.76544
Minimum Hessian eigenvalue -1.058e-10
Maximum Hessian eigenvalue 2048065.86
No further improvement is possible! Estimation successful.

Final value of minus the log posterior (or likelihood):3083.128140 

RESULTS FROM POSTERIOR ESTIMATION
parameters
                        prior mean     mode    s.d.  prior pstdev

gamma_kor1                  0.5000   0.8332  0.0219   beta 0.1500 
gamma_kor3                  0.5000   0.4264  0.1189   gamm 0.2000 
beta_kor1                   0.5000   0.2122  0.0647   beta 0.1500 
beta_kor2                   0.1000   0.0091  0.0106   beta 0.0700 
beta_kor3                   0.1000   0.0562  0.0315   gamm 0.0500 
lambda_kor1                 0.5500   0.2600  0.1131   beta 0.1500 
lambda_kor2                 0.1500   0.0688  0.0407   gamm 0.0800 
lambda_kor3                 0.6500   0.7572  0.0254   beta 0.1500 
alpha_kor1                  0.8000   0.5726  0.0919   beta 0.1000 
alpha_kor2                  0.3000   0.0709  0.0145   gamm 0.1200 
gamma_us1                   0.5000   0.8860  0.0169   beta 0.1500 
gamma_us2                   1.5000   1.6952  0.2653   gamm 0.2500 
gamma_us3                   0.2000   0.4485  0.1654   gamm 0.1000 
beta_us1                    0.7000   0.4717  0.0590   beta 0.1200 
beta_us2                    0.1500   0.0269  0.0193   beta 0.0800 
lambda_us1                  0.4500   0.3793  0.0994   beta 0.1500 
lambda_us2                  0.0500   0.0922  0.0238   gamm 0.0300 
lambda_us3                  0.5000   0.4289  0.0362   beta 0.1500 
rho_oil1                    0.9000   0.8824  0.0526   beta 0.0500 
gamma_kor2                  1.5000   1.5558  0.1012   gamm 0.1000 

standard deviation of shocks
                        prior mean     mode    s.d.  prior pstdev

RES_RR_kor_BAR              0.2000   1.0784  0.1534   invg 0.2000 
RES_RS_kor                  0.3000   0.1084  0.0198   invg 0.3000 
RES_UNR_kor_GAP             0.2000   0.1473  0.0149   invg 0.2000 
RES_UNR_kor_BAR             0.1000   0.0587  0.0224   invg 0.1000 
RES_UNR_G_kor               0.1000   0.0556  0.0128   invg 0.1000 
RES_Y_kor                   0.5000   1.8201  0.1319   invg 0.5000 
RES_LGDP_kor_BAR            0.4000   0.0579  0.0049   invg 0.4000 
RES_G_kor                   0.2000   0.2390  0.0208   invg 0.2000 
RES_BLT_kor                10.0000   2.4788  0.1934   invg 10.0000 
RES_BLT_kor_BAR             5.0000   2.9758  1.0865   invg 5.0000 
RES_PIE_kor                 0.3000   0.4393  0.0305   invg 0.3000 
RES_PIE_E_kor4              0.3000   0.1561  0.0490   invg 0.3000 
RES_CA_kor                  2.0000   4.1139  0.3693   invg 2.0000 
RES_LS_kor_BAR              1.0000   2.1272  0.6147   invg 1.0000 
RES_S_G_kor                 0.5000   0.2905  0.1117   invg 0.5000 
RES_S_kor                   2.0000   3.2797  0.5436   invg 2.0000 
RES_DEF_kor                 0.3000   0.6892  0.0487   invg 0.3000 
RES_RR_us_BAR               0.2000   0.1155  0.0438   invg 0.2000 
RES_RS_us                   0.3000   0.3912  0.0283   invg 0.3000 
RES_Y_us                    0.5000   1.5915  0.1155   invg 0.5000 
RES_LGDP_us_BAR             0.4000   0.0548  0.0045   invg 0.4000 
RES_G_us                    0.2000   0.1664  0.0168   invg 0.2000 
RES_BLT_us                 10.0000   2.4902  0.2592   invg 10.0000 
RES_BLT_us_BAR              5.0000   4.8280  1.1770   invg 5.0000 
RES_PIE_us                  0.3000   0.3310  0.0229   invg 0.3000 
RES_CD_kor                  0.3000   0.5033  0.0350   invg 0.3000 
RES_RCD_kor_BAR             0.2000   0.1145  0.0427   invg 0.2000 
RES_HOUSE_kor               1.0000   1.2636  0.0870   invg 1.0000 
RES_OIL_us                  5.0000  15.0397  1.0290   invg 5.0000 
RES_RCB_kor_BAR             0.2000   0.1146  0.0428   invg 0.2000 
RES_GE_kor                 10.0000  11.9973  0.8179   invg 10.0000 
RES_TB_kor                  0.3000   0.3407  0.0235   invg 0.3000 
RES_RTB_kor_BAR             0.2000   0.1146  0.0428   invg 0.2000 
RES_RES_CB_kor              0.3000   0.5638  0.0385   invg 0.3000 


Log data density [Laplace approximation] is -3187.251809.

Estimation::mcmc: Multiple chains mode.
Estimation::mcmc: Searching for initial values...
Estimation::mcmc: Initial values found!

Estimation::mcmc: Write details about the MCMC... Ok!
Estimation::mcmc: Details about the MCMC are available in BOKDPM_2025/metropolis\BOKDPM_2025_mh_history_0.mat


Estimation::mcmc: Number of mh files: 1 per block.
Estimation::mcmc: Total number of generated files: 2.
Estimation::mcmc: Total number of iterations: 30000.
Estimation::mcmc: Current acceptance ratio per chain:
                                                       Chain  1: 25.61%
                                                       Chain  2: 26.0233%
Estimation::mcmc: Total number of MH draws per chain: 30000.
Estimation::mcmc: Total number of generated MH files: 1.
Estimation::mcmc: I'll use mh-files 1 to 1.
Estimation::mcmc: In MH-file number 1 I'll start at line 9001.
Estimation::mcmc: Finally I keep 21000 draws per chain.



MCMC Inefficiency factors per block
Parameter                 Block 1     Block 2
SE_RES_RR_kor_BAR         190.535     166.213
SE_RES_RS_kor             251.883     206.617
SE_RES_UNR_kor_GAP        270.894     298.490
SE_RES_UNR_kor_BAR        247.175     311.748
SE_RES_UNR_G_kor          168.559     189.283
SE_RES_Y_kor              148.063     261.416
SE_RES_LGDP_kor_BAR       184.101     210.275
SE_RES_G_kor              206.674     152.510
SE_RES_BLT_kor            220.028     200.038
SE_RES_BLT_kor_BAR        258.001     216.064
SE_RES_PIE_kor            223.897     177.848
SE_RES_PIE_E_kor4         399.587     330.283
SE_RES_CA_kor             247.378     236.744
SE_RES_LS_kor_BAR         447.033     274.524
SE_RES_S_G_kor            707.406     470.657
SE_RES_S_kor              433.114     273.220
SE_RES_DEF_kor            210.074     166.800
SE_RES_RR_us_BAR          494.906     635.683
SE_RES_RS_us              196.504     178.294
SE_RES_Y_us               239.636     173.854
SE_RES_LGDP_us_BAR        164.165     152.460
SE_RES_G_us               146.236     180.712
SE_RES_BLT_us             175.467     171.055
SE_RES_BLT_us_BAR         170.084     161.894
SE_RES_PIE_us             162.196     143.126
SE_RES_CD_kor             204.711     158.549
SE_RES_RCD_kor_BAR        576.621     604.152
SE_RES_HOUSE_kor           94.330     158.235
SE_RES_OIL_us             169.000     141.593
SE_RES_RCB_kor_BAR        289.779     423.651
SE_RES_GE_kor             133.067     128.918
SE_RES_TB_kor             142.766     191.653
SE_RES_RTB_kor_BAR        737.371     148.999
SE_RES_RES_CB_kor         115.995     176.092
gamma_kor1                162.943     163.936
gamma_kor3                209.836     170.848
beta_kor1                 183.308     113.527
beta_kor2                 327.383     286.766
beta_kor3                 286.385     221.408
lambda_kor1               167.028     160.155
lambda_kor2               152.151     164.860
lambda_kor3               199.909     206.222
alpha_kor1                208.247     181.301
alpha_kor2                199.940     164.152
gamma_us1                 189.502     171.568
gamma_us2                 195.732     132.415
gamma_us3                 143.405     139.185
beta_us1                  163.201     117.484
beta_us2                  180.637     295.023
lambda_us1                141.325     177.027
lambda_us2                198.390     173.770
lambda_us3                182.293     167.507
rho_oil1                  183.920     134.546
gamma_kor2                139.917     165.739



Convergence diagnostics results for chain 1.

Geweke (1992) Convergence Tests, based on means of draws 9000 to 13200 vs 19500 to 30000 for chain 1.
p-values are for Chi2-test for equality of means.
Parameter                   Post. Mean        Post. Std   p-val No Taper   p-val 4% Taper   p-val 8% Taper  p-val 15% Taper
SE_RES_RR_kor_BAR                1.137            0.162            0.000            0.001            0.001            0.001
SE_RES_RS_kor                    0.119            0.023            0.000            0.002            0.009            0.025
SE_RES_UNR_kor_GAP               0.143            0.019            0.000            0.441            0.539            0.610
SE_RES_UNR_kor_BAR               0.076            0.026            0.000            0.020            0.060            0.110
SE_RES_UNR_G_kor                 0.057            0.013            0.000            0.121            0.169            0.209
SE_RES_Y_kor                     1.846            0.129            0.000            0.055            0.042            0.049
SE_RES_LGDP_kor_BAR              0.059            0.005            0.000            0.070            0.101            0.078
SE_RES_G_kor                     0.242            0.021            0.000            0.112            0.159            0.198
SE_RES_BLT_kor                   2.440            0.188            0.000            0.102            0.168            0.204
SE_RES_BLT_kor_BAR               3.782            1.391            0.000            0.091            0.131            0.191
SE_RES_PIE_kor                   0.446            0.031            0.000            0.071            0.090            0.082
SE_RES_PIE_E_kor4                0.214            0.081            0.000            0.454            0.537            0.574
SE_RES_CA_kor                    4.277            0.378            0.000            0.000            0.000            0.000
SE_RES_LS_kor_BAR                1.533            0.861            0.000            0.000            0.000            0.000
SE_RES_S_G_kor                   1.499            1.100            0.000            0.000            0.000            0.000
SE_RES_S_kor                     3.058            0.660            0.000            0.000            0.000            0.003
SE_RES_DEF_kor                   0.702            0.053            0.000            0.392            0.454            0.495
SE_RES_RR_us_BAR                 0.204            0.105            0.000            0.134            0.244            0.310
SE_RES_RS_us                     0.396            0.028            0.000            0.316            0.387            0.466
SE_RES_Y_us                      1.604            0.126            0.000            0.009            0.025            0.024
SE_RES_LGDP_us_BAR               0.056            0.005            0.000            0.028            0.049            0.083
SE_RES_G_us                      0.168            0.016            0.006            0.766            0.781            0.784
SE_RES_BLT_us                    2.534            0.262            0.000            0.391            0.430            0.426
SE_RES_BLT_us_BAR                5.091            1.173            0.000            0.552            0.602            0.610
SE_RES_PIE_us                    0.336            0.023            0.000            0.552            0.601            0.603
SE_RES_CD_kor                    0.507            0.035            0.000            0.624            0.666            0.684
SE_RES_RCD_kor_BAR               0.177            0.097            0.000            0.000            0.001            0.007
SE_RES_HOUSE_kor                 1.279            0.082            0.000            0.588            0.613            0.575
SE_RES_OIL_us                   15.069            0.963            0.665            0.966            0.967            0.962
SE_RES_RCB_kor_BAR               0.161            0.065            0.000            0.184            0.291            0.331
SE_RES_GE_kor                   12.095            0.782            0.054            0.849            0.858            0.859
SE_RES_TB_kor                    0.349            0.025            0.000            0.229            0.265            0.279
SE_RES_RTB_kor_BAR               0.548            0.582            0.000            0.000            0.000            0.000
SE_RES_RES_CB_kor                0.571            0.039            0.000            0.629            0.621            0.619
gamma_kor1                       0.842            0.022            0.172            0.900            0.915            0.920
gamma_kor3                       0.471            0.131            0.000            0.051            0.083            0.121
beta_kor1                        0.205            0.060            0.000            0.376            0.410            0.452
beta_kor2                        0.021            0.017            0.000            0.430            0.529            0.551
beta_kor3                        0.080            0.041            0.000            0.610            0.665            0.700
lambda_kor1                      0.298            0.110            0.000            0.007            0.011            0.002
lambda_kor2                      0.085            0.038            0.000            0.127            0.164            0.147
lambda_kor3                      0.765            0.026            0.000            0.506            0.567            0.612
alpha_kor1                       0.575            0.090            0.000            0.312            0.378            0.424
alpha_kor2                       0.070            0.014            0.000            0.486            0.562            0.585
gamma_us1                        0.888            0.017            0.000            0.002            0.005            0.007
gamma_us2                        1.700            0.283            0.000            0.156            0.229            0.228
gamma_us3                        0.469            0.150            0.000            0.212            0.247            0.276
beta_us1                         0.450            0.062            0.137            0.886            0.897            0.906
beta_us2                         0.038            0.019            0.000            0.001            0.001            0.000
lambda_us1                       0.376            0.100            0.044            0.821            0.818            0.804
lambda_us2                       0.089            0.024            0.000            0.560            0.609            0.619
lambda_us3                       0.432            0.037            0.000            0.639            0.677            0.681
rho_oil1                         0.879            0.051            0.000            0.104            0.151            0.169
gamma_kor2                       1.552            0.097            0.000            0.416            0.460            0.464




Convergence diagnostics results for chain 2.

Geweke (1992) Convergence Tests, based on means of draws 9000 to 13200 vs 19500 to 30000 for chain 2.
p-values are for Chi2-test for equality of means.
Parameter                   Post. Mean        Post. Std   p-val No Taper   p-val 4% Taper   p-val 8% Taper  p-val 15% Taper
SE_RES_RR_kor_BAR                1.156            0.171            0.000            0.280            0.314            0.289
SE_RES_RS_kor                    0.117            0.022            0.000            0.050            0.092            0.116
SE_RES_UNR_kor_GAP               0.138            0.021            0.000            0.010            0.036            0.064
SE_RES_UNR_kor_BAR               0.082            0.032            0.000            0.035            0.080            0.114
SE_RES_UNR_G_kor                 0.058            0.015            0.000            0.371            0.400            0.360
SE_RES_Y_kor                     1.831            0.144            0.000            0.187            0.219            0.222
SE_RES_LGDP_kor_BAR              0.060            0.005            0.071            0.877            0.900            0.911
SE_RES_G_kor                     0.247            0.022            0.000            0.434            0.463            0.427
SE_RES_BLT_kor                   2.476            0.191            0.000            0.233            0.292            0.322
SE_RES_BLT_kor_BAR               3.613            1.238            0.000            0.026            0.047            0.045
SE_RES_PIE_kor                   0.449            0.032            0.000            0.030            0.064            0.086
SE_RES_PIE_E_kor4                0.200            0.086            0.000            0.655            0.725            0.753
SE_RES_CA_kor                    4.182            0.390            0.000            0.585            0.624            0.626
SE_RES_LS_kor_BAR                2.204            0.716            0.000            0.051            0.087            0.079
SE_RES_S_G_kor                   0.450            0.235            0.000            0.094            0.213            0.321
SE_RES_S_kor                     3.223            0.627            0.000            0.044            0.077            0.057
SE_RES_DEF_kor                   0.707            0.050            0.000            0.012            0.017            0.015
SE_RES_RR_us_BAR                 0.202            0.142            0.000            0.001            0.018            0.062
SE_RES_RS_us                     0.394            0.029            0.000            0.012            0.022            0.034
SE_RES_Y_us                      1.604            0.115            0.000            0.147            0.228            0.271
SE_RES_LGDP_us_BAR               0.056            0.004            0.000            0.490            0.548            0.582
SE_RES_G_us                      0.169            0.018            0.000            0.133            0.208            0.256
SE_RES_BLT_us                    2.522            0.264            0.000            0.236            0.287            0.301
SE_RES_BLT_us_BAR                4.958            1.160            0.000            0.528            0.534            0.498
SE_RES_PIE_us                    0.336            0.023            0.000            0.430            0.438            0.437
SE_RES_CD_kor                    0.509            0.037            0.000            0.454            0.448            0.396
SE_RES_RCD_kor_BAR               0.200            0.117            0.000            0.256            0.399            0.504
SE_RES_HOUSE_kor                 1.281            0.089            0.000            0.491            0.539            0.536
SE_RES_OIL_us                   15.318            1.108            0.003            0.780            0.786            0.757
SE_RES_RCB_kor_BAR               0.177            0.075            0.000            0.237            0.346            0.423
SE_RES_GE_kor                   12.072            0.817            0.552            0.949            0.953            0.955
SE_RES_TB_kor                    0.346            0.025            0.000            0.623            0.658            0.675
SE_RES_RTB_kor_BAR               0.144            0.055            0.000            0.402            0.427            0.389
SE_RES_RES_CB_kor                0.571            0.042            0.000            0.603            0.624            0.629
gamma_kor1                       0.844            0.021            0.030            0.821            0.835            0.841
gamma_kor3                       0.475            0.122            0.000            0.376            0.440            0.438
beta_kor1                        0.215            0.060            0.000            0.642            0.649            0.585
beta_kor2                        0.019            0.014            0.000            0.311            0.415            0.479
beta_kor3                        0.079            0.037            0.000            0.039            0.079            0.120
lambda_kor1                      0.314            0.119            0.000            0.627            0.629            0.589
lambda_kor2                      0.082            0.042            0.000            0.171            0.182            0.162
lambda_kor3                      0.767            0.027            0.000            0.003            0.009            0.012
alpha_kor1                       0.582            0.097            0.000            0.516            0.521            0.502
alpha_kor2                       0.070            0.015            0.000            0.087            0.120            0.108
gamma_us1                        0.887            0.017            0.000            0.049            0.061            0.070
gamma_us2                        1.726            0.264            0.000            0.411            0.426            0.404
gamma_us3                        0.454            0.160            0.009            0.792            0.804            0.811
beta_us1                         0.454            0.060            0.000            0.515            0.526            0.492
beta_us2                         0.039            0.023            0.118            0.894            0.912            0.924
lambda_us1                       0.366            0.098            0.019            0.834            0.848            0.850
lambda_us2                       0.093            0.024            0.000            0.562            0.543            0.559
lambda_us3                       0.436            0.036            0.000            0.002            0.003            0.005
rho_oil1                         0.880            0.049            0.000            0.381            0.434            0.480
gamma_kor2                       1.539            0.103            0.000            0.034            0.082            0.116


Univariate convergence diagnostic, Brooks and Gelman (1998):
    Parameter 1...  Done! 
    Parameter 2...  Done! 
    Parameter 3...  Done! 
    Parameter 4...  Done! 
    Parameter 5...  Done! 
    Parameter 6...  Done! 
    Parameter 7...  Done! 
    Parameter 8...  Done! 
    Parameter 9...  Done! 
    Parameter 10...  Done! 
    Parameter 11...  Done! 
    Parameter 12...  Done! 
    Parameter 13...  Done! 
    Parameter 14...  Done! 
    Parameter 15...  Done! 
    Parameter 16...  Done! 
    Parameter 17...  Done! 
    Parameter 18...  Done! 
    Parameter 19...  Done! 
    Parameter 20...  Done! 
    Parameter 21...  Done! 
    Parameter 22...  Done! 
    Parameter 23...  Done! 
    Parameter 24...  Done! 
    Parameter 25...  Done! 
    Parameter 26...  Done! 
    Parameter 27...  Done! 
    Parameter 28...  Done! 
    Parameter 29...  Done! 
    Parameter 30...  Done! 
    Parameter 31...  Done! 
    Parameter 32...  Done! 
    Parameter 33...  Done! 
    Parameter 34...  Done! 
    Parameter 35...  Done! 
    Parameter 36...  Done! 
    Parameter 37...  Done! 
    Parameter 38...  Done! 
    Parameter 39...  Done! 
    Parameter 40...  Done! 
    Parameter 41...  Done! 
    Parameter 42...  Done! 
    Parameter 43...  Done! 
    Parameter 44...  Done! 
    Parameter 45...  Done! 
    Parameter 46...  Done! 
    Parameter 47...  Done! 
    Parameter 48...  Done! 
    Parameter 49...  Done! 
    Parameter 50...  Done! 
    Parameter 51...  Done! 
    Parameter 52...  Done! 
    Parameter 53...  Done! 
    Parameter 54...  Done! 

marginal density: I'm computing the posterior mean and covariance...  Done!
marginal density: I'm computing the posterior log marginal density (modified harmonic mean)... Done!


ESTIMATION RESULTS

Log data density (Modified Harmonic Mean) is -3190.129814.
parameters
                          prior mean   post. mean        90% HPD interval    prior       pstdev

gamma_kor1                     0.500       0.8415      0.8081      0.8757     beta       0.1500
gamma_kor3                     0.500       0.4662      0.2687      0.6538     gamm       0.2000
beta_kor1                      0.500       0.2112      0.1129      0.3057     beta       0.1500
beta_kor2                      0.100       0.0206      0.0008      0.0425     beta       0.0700
beta_kor3                      0.100       0.0813      0.0184      0.1419     gamm       0.0500
lambda_kor1                    0.550       0.3055      0.1283      0.4926     beta       0.1500
lambda_kor2                    0.150       0.0834      0.0212      0.1429     gamm       0.0800
lambda_kor3                    0.650       0.7656      0.7246      0.8133     beta       0.1500
alpha_kor1                     0.800       0.5791      0.4211      0.7380     beta       0.1000
alpha_kor2                     0.300       0.0703      0.0464      0.0942     gamm       0.1200
gamma_us1                      0.500       0.8870      0.8601      0.9171     beta       0.1500
gamma_us2                      1.500       1.7214      1.2627      2.1533     gamm       0.2500
gamma_us3                      0.200       0.4619      0.2079      0.7073     gamm       0.1000
beta_us1                       0.700       0.4517      0.3593      0.5469     beta       0.1200
beta_us2                       0.150       0.0386      0.0064      0.0698     beta       0.0800
lambda_us1                     0.450       0.3776      0.2195      0.5430     beta       0.1500
lambda_us2                     0.050       0.0905      0.0495      0.1277     gamm       0.0300
lambda_us3                     0.500       0.4313      0.3681      0.4895     beta       0.1500
rho_oil1                       0.900       0.8795      0.7979      0.9585     beta       0.0500
gamma_kor2                     1.500       1.5395      1.3678      1.7021     gamm       0.1000

standard deviation of shocks
                          prior mean   post. mean        90% HPD interval    prior       pstdev

RES_RR_kor_BAR                 0.200       1.1421      0.8915      1.4001     invg       0.2000
RES_RS_kor                     0.300       0.1169      0.0831      0.1509     invg       0.3000
RES_UNR_kor_GAP                0.200       0.1379      0.1043      0.1718     invg       0.2000
RES_UNR_kor_BAR                0.100       0.0828      0.0356      0.1301     invg       0.1000
RES_UNR_G_kor                  0.100       0.0562      0.0344      0.0761     invg       0.1000
RES_Y_kor                      0.500       1.8350      1.5818      2.0497     invg       0.5000
RES_LGDP_kor_BAR               0.400       0.0595      0.0514      0.0684     invg       0.4000
RES_G_kor                      0.200       0.2449      0.2096      0.2782     invg       0.2000
RES_BLT_kor                   10.000       2.4474      2.1503      2.7639     invg      10.0000
RES_BLT_kor_BAR                5.000       3.7161      1.7302      5.5628     invg       5.0000
RES_PIE_kor                    0.300       0.4468      0.3937      0.4949     invg       0.3000
RES_PIE_E_kor4                 0.300       0.2098      0.1012      0.3338     invg       0.3000
RES_CA_kor                     2.000       4.2525      3.5922      4.8615     invg       2.0000
RES_LS_kor_BAR                 1.000       1.6913      0.3531      2.9727     invg       1.0000
RES_S_G_kor                    0.500       1.2120      0.1452      2.9396     invg       0.5000
RES_S_kor                      2.000       3.1143      1.9720      4.2034     invg       2.0000
RES_DEF_kor                    0.300       0.7057      0.6182      0.7893     invg       0.3000
RES_RR_us_BAR                  0.200       0.2209      0.0653      0.4133     invg       0.2000
RES_RS_us                      0.300       0.3958      0.3490      0.4420     invg       0.3000
RES_Y_us                       0.500       1.6016      1.4101      1.8057     invg       0.5000
RES_LGDP_us_BAR                0.400       0.0560      0.0484      0.0633     invg       0.4000
RES_G_us                       0.200       0.1674      0.1419      0.1934     invg       0.2000
RES_BLT_us                    10.000       2.5288      2.0708      2.9738     invg      10.0000
RES_BLT_us_BAR                 5.000       5.0103      3.0508      6.8978     invg       5.0000
RES_PIE_us                     0.300       0.3356      0.2976      0.3729     invg       0.3000
RES_CD_kor                     0.300       0.5082      0.4470      0.5678     invg       0.3000
RES_RCD_kor_BAR                0.200       0.2044      0.0653      0.3895     invg       0.2000
RES_HOUSE_kor                  1.000       1.2786      1.1439      1.4322     invg       1.0000
RES_OIL_us                     5.000      15.1934     13.5264     16.8893     invg       5.0000
RES_RCB_kor_BAR                0.200       0.1665      0.0610      0.2677     invg       0.2000
RES_GE_kor                    10.000      12.1150     10.8166     13.3392     invg      10.0000
RES_TB_kor                     0.300       0.3475      0.3075      0.3864     invg       0.3000
RES_RTB_kor_BAR                0.200       0.4283      0.0529      1.5002     invg       0.2000
RES_RES_CB_kor                 0.300       0.5738      0.5080      0.6395     invg       0.3000
DsgeSmoother: Switching to univariate filter. This is usually due to co-integration and/or having
DsgeSmoother: fewer stochastic trends than observables. This is unproblematic.
DsgeSmoother: However, occasionally, there is a problem of stochastic singularity.

STEADY-STATE RESULTS:

RR_kor            		 0.55
RR_kor_BAR        		 0.55
RS_kor            		 2.55
UNR_kor           		 3.6083
UNR_kor_GAP       		 0
UNR_kor_BAR       		 3.6083
UNR_G_kor         		 0
Y_kor             		 0
LGDP_kor          		 0
LGDP_kor_BAR      		 0
G_kor             		 1.8
GROWTH_kor        		 0.45
GROWTH4_kor       		 1.8
GROWTH4_kor_BAR   		 1.8
BLT_kor           		 0
BLT_kor_BAR       		 0
E                 		 0
BLT_kor_GAP       		 0
LCPI_kor          		 0
PIE_kor           		 0.5
PIE_kor4          		 2
PIE_E_kor4        		 2
CA_kor            		 0
CA                		 0
LS_kor            		 0
LS_kor_BAR        		 0
S_G_kor           		 0
S_kor             		 0
LDEF_kor          		 0
DEF_kor           		 0.5
DEF_kor4          		 2
RR_us             		 0.9
RR_us_BAR         		 0.9
RS_us             		 3.2
Y_us              		 0
LGDP_us           		 0
LGDP_us_BAR       		 0
G_us              		 1.8
GROWTH_us         		 0.45
GROWTH4_us        		 1.8
GROWTH4_us_BAR    		 1.8
BLT_us            		 0
BLT_us_BAR        		 0
E_us              		 0
BLT_us_GAP        		 0
LCPI_us           		 0
PIE_us            		 0.575
PIE_us4           		 2.3
TPREM             		 0.18
RCD_kor           		 0.73
RCD_kor_BAR       		 0.73
CD_kor            		 2.73
LHOUSE_kor        		 0
HOUSE_kor         		 0.5825
HOUSE_kor4        		 2.33
LOIL_us           		 0
PIE_OIL_us        		 0.575
PIE_OIL_us4       		 2.3
PIE_OIL_kor       		 0.575
PIE_OIL_kor4      		 2.3
TPREM_CB          		 0.67
RCB_kor           		 1.52
RCB_kor_BAR       		 1.52
CB_kor            		 3.52
GE_kor            		 6.57
TPREM_TB          		 0.3
RTB_kor           		 0.85
RTB_kor_BAR       		 0.85
TB_kor            		 2.85
RES_CB_kor        		 0

EIGENVALUES:
         Modulus             Real        Imaginary
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
               0                0                0
       1.053e-33       -1.053e-33                0
       1.644e-19       -1.644e-19                0
       2.479e-18        2.479e-18                0
       3.658e-18       -3.658e-18                0
       6.642e-18        6.642e-18                0
       7.036e-18       -7.036e-18                0
        7.08e-18         7.08e-18                0
        1.07e-17        -1.07e-17                0
       1.194e-17        1.194e-17                0
       1.639e-17       -1.639e-17                0
       1.748e-17       -1.748e-17                0
       1.931e-17       -1.931e-17                0
       2.108e-17        2.108e-17                0
       2.298e-17       -2.298e-17                0
       2.698e-17        2.698e-17                0
       3.296e-17        3.296e-17                0
       3.842e-17       -3.842e-17                0
       5.337e-17        5.337e-17                0
       5.995e-17        5.995e-17                0
       1.082e-16        1.082e-16                0
       1.458e-16        1.458e-16                0
       4.272e-16        4.272e-16                0
       1.028e-08        1.028e-08                0
       1.028e-08       -1.028e-08                0
       6.239e-05       -6.239e-05                0
       6.244e-05       -4.623e-08        6.244e-05
       6.244e-05       -4.623e-08       -6.244e-05
       6.249e-05        6.249e-05                0
       6.831e-05        6.831e-05                0
       6.835e-05        3.898e-08        6.835e-05
       6.835e-05        3.898e-08       -6.835e-05
       6.839e-05       -6.839e-05                0
             0.1              0.1                0
             0.1              0.1                0
          0.1223           0.1223                0
          0.1789           0.1789                0
             0.2              0.2                0
          0.3829          -0.3829                0
          0.4064          -0.4064                0
          0.4296         -0.04006           0.4277
          0.4296         -0.04006          -0.4277
          0.4456         -0.07978           0.4384
          0.4456         -0.07978          -0.4384
          0.4563           0.4563                0
          0.4679          -0.4679                0
          0.4852          -0.4852                0
          0.4957         -0.05301           0.4929
          0.4957         -0.05301          -0.4929
             0.5              0.5                0
             0.5              0.5                0
             0.5              0.5                0
             0.5              0.5                0
          0.5145         -0.05615           0.5114
          0.5145         -0.05615          -0.5114
          0.5431           0.5431                0
          0.5791           0.5791                0
          0.6285           0.6285                0
          0.6652           0.6652                0
             0.7              0.7                0
          0.7364           0.7364                0
          0.7457           0.7417          0.07654
          0.7457           0.7417         -0.07654
           0.788            0.788                0
          0.8374          -0.8374                0
          0.8494           0.8494                0
          0.8497        -0.001828           0.8496
          0.8497        -0.001828          -0.8496
             0.9              0.9                0
             0.9              0.9                0
          0.9428           0.9428                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
               1                1                0
           1.569            1.569                0
           1.626            1.626                0
           1.708            1.708                0
           2.183          -0.2466            2.169
           2.183          -0.2466           -2.169
           2.214          -0.2282            2.202
           2.214          -0.2282           -2.202
           2.322           -2.322                0
           2.343           -2.343                0
           2.391            2.391                0
           2.564            -1.07             2.33
           2.564            -1.07            -2.33
           2.765           -0.106            2.763
           2.765           -0.106           -2.763
           2.866           -2.866                0
             3.1            3.096           0.1573
             3.1            3.096          -0.1573
           3.243           -0.286             3.23
           3.243           -0.286            -3.23
           3.386           -3.386                0
           25.57            25.57                0
       9.433e+04        9.433e+04                0
       9.434e+04       -4.718e+04         8.17e+04
       9.434e+04       -4.718e+04        -8.17e+04
        1.95e+22        -1.95e+22                0

There are 25 eigenvalue(s) larger than 1 in modulus for 25 forward-looking variable(s).
The order and rank conditions are verified.

Elapsed time is 4714.91 seconds.
Total computing time : 1h18m35s
Note: warning(s) encountered in MATLAB/Octave code

=== POSTERIOR MOMENTS ===
MOM parameters gamma_kor1 mean=0.841458 std=0.020901 hpd=[0.808142,0.875708]
MOM parameters gamma_kor3 mean=0.466217 std=0.117953 hpd=[0.268738,0.653824]
MOM parameters beta_kor1 mean=0.211223 std=0.058761 hpd=[0.112938,0.305724]
MOM parameters beta_kor2 mean=0.020582 std=0.015003 hpd=[0.000807,0.042518]
MOM parameters beta_kor3 mean=0.081279 std=0.040935 hpd=[0.018417,0.141868]
MOM parameters lambda_kor1 mean=0.305511 std=0.113837 hpd=[0.128268,0.492571]
MOM parameters lambda_kor2 mean=0.083350 std=0.041433 hpd=[0.021212,0.142886]
MOM parameters lambda_kor3 mean=0.765561 std=0.027513 hpd=[0.724573,0.813278]
MOM parameters alpha_kor1 mean=0.579097 std=0.096565 hpd=[0.421096,0.737984]
MOM parameters alpha_kor2 mean=0.070265 std=0.014563 hpd=[0.046418,0.094171]
MOM parameters gamma_us1 mean=0.886975 std=0.017425 hpd=[0.860150,0.917071]
MOM parameters gamma_us2 mean=1.721434 std=0.273410 hpd=[1.262722,2.153309]
MOM parameters gamma_us3 mean=0.461937 std=0.154374 hpd=[0.207911,0.707333]
MOM parameters beta_us1 mean=0.451747 std=0.057765 hpd=[0.359266,0.546941]
MOM parameters beta_us2 mean=0.038556 std=0.021367 hpd=[0.006351,0.069771]
MOM parameters lambda_us1 mean=0.377589 std=0.097963 hpd=[0.219455,0.543023]
MOM parameters lambda_us2 mean=0.090485 std=0.023755 hpd=[0.049462,0.127736]
MOM parameters lambda_us3 mean=0.431320 std=0.037152 hpd=[0.368104,0.489534]
MOM parameters rho_oil1 mean=0.879517 std=0.049264 hpd=[0.797918,0.958469]
MOM parameters gamma_kor2 mean=1.539463 std=0.100918 hpd=[1.367837,1.702121]
MOM shocks_std RES_RR_kor_BAR mean=1.142096 std=0.157095 hpd=[0.891546,1.400129]
MOM shocks_std RES_RS_kor mean=0.116882 std=0.021678 hpd=[0.083055,0.150939]
MOM shocks_std RES_UNR_kor_GAP mean=0.137872 std=0.020284 hpd=[0.104326,0.171825]
MOM shocks_std RES_UNR_kor_BAR mean=0.082801 std=0.030828 hpd=[0.035646,0.130065]
MOM shocks_std RES_UNR_G_kor mean=0.056183 std=0.013703 hpd=[0.034429,0.076056]
MOM shocks_std RES_Y_kor mean=1.834969 std=0.142876 hpd=[1.581757,2.049739]
MOM shocks_std RES_LGDP_kor_BAR mean=0.059492 std=0.005284 hpd=[0.051359,0.068388]
MOM shocks_std RES_G_kor mean=0.244941 std=0.021322 hpd=[0.209551,0.278170]
MOM shocks_std RES_BLT_kor mean=2.447353 std=0.192297 hpd=[2.150299,2.763898]
MOM shocks_std RES_BLT_kor_BAR mean=3.716120 std=1.314422 hpd=[1.730206,5.562784]
MOM shocks_std RES_PIE_kor mean=0.446835 std=0.031131 hpd=[0.393719,0.494941]
MOM shocks_std RES_PIE_E_kor4 mean=0.209837 std=0.080965 hpd=[0.101239,0.333819]
MOM shocks_std RES_CA_kor mean=4.252468 std=0.398592 hpd=[3.592219,4.861536]
MOM shocks_std RES_LS_kor_BAR mean=1.691339 std=0.877597 hpd=[0.353059,2.972705]
MOM shocks_std RES_S_G_kor mean=1.212022 std=1.044992 hpd=[0.145168,2.939645]
MOM shocks_std RES_S_kor mean=3.114262 std=0.679257 hpd=[1.972033,4.203396]
MOM shocks_std RES_DEF_kor mean=0.705656 std=0.052336 hpd=[0.618160,0.789338]
MOM shocks_std RES_RR_us_BAR mean=0.220854 std=0.139039 hpd=[0.065316,0.413314]
MOM shocks_std RES_RS_us mean=0.395812 std=0.027914 hpd=[0.348993,0.441986]
MOM shocks_std RES_Y_us mean=1.601599 std=0.120962 hpd=[1.410148,1.805707]
MOM shocks_std RES_LGDP_us_BAR mean=0.055963 std=0.004566 hpd=[0.048411,0.063306]
MOM shocks_std RES_G_us mean=0.167401 std=0.015905 hpd=[0.141882,0.193379]
MOM shocks_std RES_BLT_us mean=2.528793 std=0.271455 hpd=[2.070843,2.973761]
MOM shocks_std RES_BLT_us_BAR mean=5.010298 std=1.188890 hpd=[3.050845,6.897788]
MOM shocks_std RES_PIE_us mean=0.335621 std=0.023041 hpd=[0.297630,0.372863]
MOM shocks_std RES_CD_kor mean=0.508195 std=0.037300 hpd=[0.447038,0.567814]
MOM shocks_std RES_RCD_kor_BAR mean=0.204381 std=0.118446 hpd=[0.065269,0.389525]
MOM shocks_std RES_HOUSE_kor mean=1.278612 std=0.087447 hpd=[1.143878,1.432170]
MOM shocks_std RES_OIL_us mean=15.193409 std=1.038907 hpd=[13.526418,16.889345]
MOM shocks_std RES_RCB_kor_BAR mean=0.166493 std=0.072681 hpd=[0.060956,0.267663]
MOM shocks_std RES_GE_kor mean=12.114967 std=0.775706 hpd=[10.816580,13.339169]
MOM shocks_std RES_TB_kor mean=0.347469 std=0.024540 hpd=[0.307528,0.386397]
MOM shocks_std RES_RTB_kor_BAR mean=0.428320 std=0.526800 hpd=[0.052898,1.500240]
MOM shocks_std RES_RES_CB_kor mean=0.573802 std=0.040955 hpd=[0.507982,0.639471]
=== END MOMENTS ===

[stderr]
warning: matrix singular to machine precision, rcond = 2.13974e-17
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 2.13961e-17
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 2.83647e-18
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 2.83521e-18
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 6.70485e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 6.70776e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 1.99977e-18
warning: called from
    newrat at line 189 column 9
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 5.99352e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 6.002e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 3.96793e-20
warning: called from
    newrat at line 189 column 9
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 9.23208e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 9.224e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 2.98235e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 2.98519e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 5.87073e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 5.89599e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 8.0453e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 8.00296e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 3.97995e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 4.78813e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 5.61537e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 5.81027e-20
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 1.01098e-18
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 9.46455e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 3.95282e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: matrix singular to machine precision, rcond = 3.94751e-19
warning: called from
    mr_hessian at line 268 column 5
    newrat at line 298 column 14
    dynare_minimize_objective at line 371 column 6
    dynare_estimation_1 at line 245 column 10
    dynare_estimation at line 105 column 5
    driver at line 3259 column 1
    dynare at line 300 column 5
    run_est_local at line 7 column 1

warning: using the fltk graphics toolkit is discouraged

The FLTK graphics toolkit is not actively maintained and has a number
of limitations that are unlikely to be fixed.
The qt toolkit is recommended instead.
Magick: caught exception 0xC0000005 "Access violation"...