	

// Priors of estimated parameters ------------------------------------------------------	


			// Deep parameters
			  //		param		ini_val	  min 	  max 	    dist 		  dist_p1 	  dist_p2
						VARSIGMA,		,    	,     	, 		beta_pdf,       0.75, 		0.1; 
						PSI,			,      	,     	,       inv_gamma_pdf, 	0.01,       inf; 
                        RHO_R,      	,     	,     	, 		beta_pdf, 		0.85,       0.025; 
						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; 
                        PHI_I,       	,      	,    	, 		gamma_pdf,   	5.0,        1.0;
						PHI,       	    ,      	,    	, 		gamma_pdf,   	5.0,          1.0; 						

					@#if agric_cons
						ETA_A,			,       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,  	, 		gamma_pdf,   	1.0,        0.25;   
						ALPHA_PIz, 		,       ,     	, 		beta_pdf, 		0.75,       0.1; 
					@#endif
					
					@#if diff_final_goods
						ETA_I,      	,       0,     	, 		gamma_pdf,   	1,        0.25;   
					@#endif

					@#if nom_fric_wag
						THETA_W,    	,       ,     	, 		beta_pdf, 		0.75, 		0.025;
						VARTHETA_W, 	,       ,     	, 		beta_pdf, 		0.25, 		0.075;
					@#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_exp
						THETA_Hstar,    ,       ,     	, 		beta_pdf, 		0.75, 	    0.05; 
						VARTHETA_Hstar, ,       ,     	, 		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 oil_mepco
						RHO_O,          ,       ,     	, 		beta_pdf, 		0.5, 		0.2;
					@#endif
					
					@#if var_cap_util
                        PHI_U,       	,        0,    	, 	    gamma_pdf, 	  1.5, 		0.25;
					@#endif
					
					@#if var_cap_util_commo
                        PHI_UCo,       	,        0,    	, 	    gamma_pdf, 	  1.5, 		0.25;
					@#endif

					@#if endo_commo
                    	PHI_ICo,       	,      	,    	, 	    gamma_pdf, 	      0.5, 		0.25;
                        ETA_Co,         ,       0,     	3, 		gamma_pdf,   	  0.5,      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_varrho, 	,       ,     	,  		beta_pdf, 		0.5, 		0.2;
						RHO_varomega,	,       ,     	,  		beta_pdf, 		0.75, 		0.075;						
						RHO_z,      	,       ,     	,  		beta_pdf, 		0.85, 		0.075;
						RHO_a,      	,     	,     	,  		beta_pdf, 		0.5,    	0.2;
						RHO_zetao,  	,       ,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_zetau,  	,       ,     	,  		beta_pdf, 		0.75, 		0.075;					
						RHO_cG,         ,       ,     	,  		beta_pdf, 		0.75, 		0.075;
						RHO_kappa,      ,       ,       ,       beta_pdf,       0.5, 		0.2;

						RHO_zstar,		,       ,     	,  		beta_pdf, 		0.85, 		0.075;
						RHO_zCo,		,       ,     	,  		beta_pdf, 		0.85, 		0.075;
					
                       // RHO_xiXHstar,		,       ,     	,  		beta_pdf, 		0.75, 		0.1;        
					@#if endo_commo
						//RHO_varomegaCo,	,     ,     	,  		beta_pdf, 		0.05, 		0.075;
                        RHO_varomegaCo2,    ,     ,     	,  		beta_pdf, 		0.5, 		0.2;
					@#endif											
					
					//RHO_xiO,            ,       ,     	,  		beta_pdf, 		0.75, 		0.075;					
														
					@#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_varrho,		,       ,     	,  		inv_gamma_pdf,  0.005,  	 inf;
				stderr 	eps_varomega,	,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_z,			,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_a,			,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_zetao,		,       ,     	,  		inv_gamma_pdf, 	0.005, 	     inf;
				stderr 	eps_zetau,		,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_eR,			,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_cG,         ,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr 	eps_kappa,	    ,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr eps_zstar,		,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
				stderr eps_zCo,		    ,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
                //stderr eps_xiXHstar,		,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;

			@#if endo_commo
				//stderr 	eps_varomegaCo,		,     ,     ,  		inv_gamma_pdf, 	0.005, 		 inf;
                stderr 	eps_varomegaCo2,	,     ,     ,  		inv_gamma_pdf, 	0.005, 		 inf;
			@#endif						
				
			//stderr 	eps_xiO,			,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
															
			@#if agric_cons
				stderr 	eps_zA,			,       ,     	,  		inv_gamma_pdf, 	0.005, 		 inf;
			@#endif
			
			// Observed exogenous processes,

	        
				RHO_piFstar, 	0.42,		,     	,  		beta_pdf, 		0.5,  		0.2;
				RHO_xiCostar, 	0.96,		,     	,  		beta_pdf, 		0.5,  		0.2;
				RHO_xiOstar, 	0.91,		,     	,  		beta_pdf, 		0.5,  		0.2;
				RHO_xiMstar, 	0.96,		,     	,  		beta_pdf, 		0.5,  		0.2;
				RHO_Rstar, 		0.97,		,     	,  		beta_pdf, 		0.5,  		0.2;
				
				stderr  eps_Rstar , ,   ,   	,   	inv_gamma_pdf,	0.005,  	 	inf;
				stderr	eps_piFstar , , ,		,  		inv_gamma_pdf,  0.005,  	 	inf;
				stderr	eps_xiCostar, , ,		,  		inv_gamma_pdf,  0.005,  	 	inf;
				stderr	eps_xiOstar , , ,		,  		inv_gamma_pdf,  0.005,  	 	inf;
				stderr	eps_xiMstar , , ,		,  		inv_gamma_pdf,  0.005,  	 	inf;

