Bimodal posterior

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Re: Release of Dynare 4.4.3

Postby nafas » Tue Nov 15, 2016 6:48 am

please guide me why posteriors have two means in figures?
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Re: Bimodal posterior

Postby jpfeifer » Fri Nov 18, 2016 8:31 am

Usually the reason is that your MCMC has not yet converged and you need more draws.
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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