Reporting the value of the likelihood
Posted:
Sun Jul 23, 2006 3:14 am
by dcreal
Is there a simple way to find the value of the likelihood for a model at a fixed value of the parameters? In other words, I am wondering if Dynare has a function to solve the model, compute the likelihood, and then report it for a fixed set of parameters.
Thanks in advance for any help!
Posted:
Sun Jul 23, 2006 6:12 pm
by MichelJuillard
This will be possible in Dynare version 4. I still have to check the exact syntax.
I will be back to you.
Best
Michel
Posted:
Thu Aug 10, 2006 1:48 pm
by MichelJuillard
I have updated version 3 and version 4 on SVN (available in tomorrow snapshot) so as to report the posterior value (or the likelihood) without attempting estimation with the following options:
mh_replic=0
mode_compute=0
and don't indicate any mode_file
Best
Michel