   // Priors of estimated parameters ------------------------------------------------------
		
		// Deep parameters
					//	param		ini_val	  min 	  max 	    dist            dist_p1 	dist_p2
					
						ALPHA_PI,   	, 	   	0,		, 		normal_pdf,		1.7,        0.1;
						ALPHA_Y,    	,    	0,    	, 		normal_pdf,   	0.125,   	0.05;
						ETA_Z,			,       0,    	,       gamma_pdf,      1.5,    	0.25;
						ETASTAR,    	,      	0,    	, 		gamma_pdf,      1/4, 	    0.05;
						MU,		    	,     	,     	, 		beta_pdf, 		0.50, 		0.20;
						PHI,	    	1,	    0,     	, 		gamma_pdf,      5.00, 		1.00;
                        PHI_I,       	,      	,    	, 		gamma_pdf,   	5.00,       1.00;
						bigPSI,			,      	,     	,       inv_gamma_pdf, 	1,          inf;
                        RHO_R,      	,     	,     	, 		beta_pdf, 		0.85,       0.025;
						SIGMA_CTIL,    	,	    0,     	, 		inv_gamma_pdf, 	0.25, 		inf;
						UPSILON,    	,	    ,     	, 		beta_pdf, 		0.50, 		0.20;
						VARKAPPA_W,    	,     	,     	, 		beta_pdf, 		0.75, 		0.025;
						VARSIGMA,		,    	,     	, 		beta_pdf,       0.75, 		0.1;
						VARTHETA_W,    	,     	,     	, 		beta_pdf, 		0.25, 		0.075;
						VARTHETA_IDX, ,       ,     	, 		beta_pdf, 		0.25, 		0.075; 
						
					@#if agric_cons
						ETA_A,			0.99,   0,    	,       gamma_pdf,      1.0,    	0.25; 
					@#endif
					
					@#if oil_cons
						ETA_O,			,       0,    	,       gamma_pdf,      0.5,    	0.25; 
					@#endif
					
					@#if oil_cons || agric_cons
						ETA_C,			0.99,   0,    	,       gamma_pdf,      1.0,    	0.25; 
						ALPHA_PIz, 		,       ,     	, 		beta_pdf, 		0.75,       0.1; 
					@#endif
					
					@#if public_goods	
						//ETA_KG,		0.99,   ,     	, 		gamma_pdf,   	1,        	0.5;   
					@#endif
					
					@#if val_gov_cons
						ETA_CHAT, 		0.99,   ,     	, 		gamma_pdf,   	1,        	0.5;   
					@#endif
						
					@#if diff_final_goods
						ETA_I,			0.99,       0,    	,   gamma_pdf,      1,    		0.25; 
					@#endif

					@#if nom_fric_hom
						THETA_H,    	,       ,     	, 		beta_pdf, 		0.75, 		0.025;
						VARTHETA_H, 	,       ,     	, 		beta_pdf, 		0.25, 		0.075;
					@#endif
					
					@#if nom_fric_imp					
						THETA_F,    	,       ,     	, 		beta_pdf, 		0.75, 		0.05; 
						VARTHETA_F, 	,       ,     	, 		beta_pdf, 		0.25, 		0.075; 
					@#endif
					
					@#if nom_fric_exp
						THETA_Hstar,    ,       ,     	, 		beta_pdf, 		0.75, 	    0.05; 
						VARTHETA_Hstar, ,       ,     	, 		beta_pdf, 		0.25, 		0.075; 
					@#endif
										
					@#if oil_mepco
						RHO_O, 			,     	,     	, 		beta_pdf, 		0.5, 		0.2;
						ALPHA_O, 		,     	,     	, 		beta_pdf, 		0.5, 		0.2;
					@#endif
					
					@#if var_cap_util
                        PHI_UBAR,			,       ,    	,       gamma_pdf,      1.5,    	0.25; 
					@#endif
					
					@#if var_cap_util_commo
                        PHI_UCo,		,  		,    	,       gamma_pdf,      1.5,    	0.25; 
					@#endif
					
					@#if endo_commo
                    	PHI_ICo,    	,      	,    	, 	    gamma_pdf, 		0.5, 		0.25;
                        ETA_Co,			0.99,  0,    	,       gamma_pdf,      1.0,    	0.25; 
                    @#endif
					
					@#if coint_prod
						GAMMA_Co,    	,     	,     	, 		beta_pdf, 		0.5, 		0.2;
						GAMMA_H,    	,     	,     	, 		beta_pdf, 		0.5, 		0.2;
					@#endif
			
		// AR coefficients
					//	param		ini_val   min 	  max 		dist 			dist_p1 	dist_p2
					
						RHO_a,      	,     	,     	,  		beta_pdf, 		0.5,    	0.2;
						RHO_eR,     	,     	,       ,       beta_pdf,       0.5,  		0.2;
						RHO_kappa,     	,     	,       ,       beta_pdf,       0.5,  		0.2;
						RHO_rhox,     	,     	,       ,   	beta_pdf,       0.75,       0.075;
						RHO_varomega,	,	  	,     	,  		beta_pdf, 		0.75,  		0.075;
						RHO_varrho, 	,     	,     	,  		beta_pdf, 		0.5,  		0.2;
						RHO_xiCG,		,     	,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_xiO,   	    ,     	,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_z,      	,     	,     	,  		beta_pdf, 		0.85, 		0.075;
						RHO_zCo,		,     	,     	,  		beta_pdf, 		0.85, 		0.075;
						RHO_zetao,  	,     	,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_zetau,  	,     	,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_zstar,		,     	,     	,  		beta_pdf, 		0.85, 		0.075;
				
					@#if gov_transfers
						RHO_xiTR,		,     	,     	,  		beta_pdf, 		0.75, 		0.075;
					@#endif	
					
					@#if public_goods
						RHO_xiIG,		,     	,     	,  		beta_pdf, 		0.5, 		0.2;
					@#endif	
					
					@#if endo_commo
						RHO_varomegaCo,	,     	,     	,  		beta_pdf, 		0.5, 		0.2;
					@#endif											
											
					@#if agric_cons	
						RHO_zA,			,     	,     	,  		beta_pdf, 		0.75, 		0.075;
					@#endif
					
		// Innovation std. deviations
					//	param		ini_val   min 	  max 		dist 			dist_p1 	dist_p2
					
				stderr 	eps_a,			,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_eR,			,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_kappa,	    ,     	,     	,  		inv_gamma_pdf, 	0.5, 	 	inf;
				stderr 	eps_varomega,	,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_varrho,		,     	,     	,  		inv_gamma_pdf,  0.5,  	 	inf;
				stderr 	eps_xiCG,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_xiO,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_z,			,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_zCo,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_zetao,		,     	,     	,  		inv_gamma_pdf, 	0.5, 	    inf;
				stderr 	eps_zetau,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
				stderr 	eps_zstar,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
	
			@#if gov_transfers
				stderr 	eps_xiTR,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
			@#endif	
			
			@#if public_goods
				stderr 	eps_xiIG,		,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
			@#endif	
			
			@#if endo_commo
				stderr 	eps_varomegaCo, ,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
			@#endif						
				
			@#if agric_cons	
				stderr 	eps_zA,			,     	,     	,  		inv_gamma_pdf, 	0.5, 		inf;
			@#endif
			
			@#if search
				stderr 	eps_rhox,	    ,     	,     	,  		inv_gamma_pdf, 	0.5,	  	inf;
			@#endif
			
		// Observed exogenous processes,
		
						RHO_piFstar, 	,	,     	,  		beta_pdf, 		0.5,  		0.2;
						RHO_xiCostar, 	,	,     	,  		beta_pdf, 		0.5,  		0.2;
						RHO_xiOstar, 	,	,     	,  		beta_pdf, 		0.5,  		0.2;
						RHO_Rstar, 		,	,     	,  		beta_pdf, 		0.5,  		0.2;
				
				stderr  eps_Rstar, 		,     	,   	,   	inv_gamma_pdf,	0.5,  	 	inf;
				
			@#if coint_price==0
				stderr	eps_piFstar, 	, 		,		,  		inv_gamma_pdf,  0.5,  	 	inf;
				stderr	eps_xiCostar, 	, 		,		,  		inv_gamma_pdf,  0.5,  	 	inf;
				stderr	eps_xiOstar, 	, 		,		,  		inv_gamma_pdf,  0.5,  	 	inf;
			@#endif
				
			@#if coint_price
						RHO_xistar, 	,     	,     	,  		beta_pdf, 		0.5,  		0.2;
						GAMMA_Costar,    	,     	,     	, 		beta_pdf, 		0.5, 		0.2;
						GAMMA_Ostar,    	,     	,     	, 		beta_pdf, 		0.5, 		0.2;
						GAMMA_Mstar,    	,     	,     	, 		beta_pdf, 		0.5, 		0.2;
						GAMMA_star,    		,     	,     	, 		beta_pdf, 		0.5, 		0.2;
				stderr	eps_piFstar, 	, 		,     	,  		inv_gamma_pdf,  5,  	 	inf;
				stderr	eps_xiCostar, 	, 		,     	,  		inv_gamma_pdf,  0.25,  	 	inf;
				stderr	eps_xiOstar, 	, 		,     	,  		inv_gamma_pdf,  0.25,  	 	inf;				
				stderr	eps_xistar, 	, 		,		,  		inv_gamma_pdf, 	0.25, 	 	inf;
			@#endif				
				
			@#if pM_observed!=0
						RHO_xiMstar, 	,     	,     	,  		beta_pdf, 		0.5,  		0.2;
				stderr	eps_xiMstar,	,     	,    	,  		inv_gamma_pdf,  0.25,  	 	inf;
			@#endif 	
