Dynare + IRFs

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Dynare + IRFs

Postby daney » Fri Nov 16, 2007 9:50 pm

Hi, does anybody can help me about Dynare?. Long time ago I've been using Dynare and now I'd like to plot IRF with interval confidence bands, but I don't know.

Does someone know how to do this??

Best,

Daney
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Postby reubenpjacob » Mon Nov 19, 2007 9:02 am

if you want the bayesian irfs
estimation( all the rest..., bayesian_irf, irf=20, conf_sig=0.90)
will give you irfs for 20 periods with 90% HPD intervals.
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Dynare + IRF

Postby daney » Wed Nov 21, 2007 6:49 pm

But it doesn't run in an calibrated model. Do you how to do it?
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Postby bigbigben » Wed Nov 21, 2007 8:37 pm

If you run a calibrated model, How do you generate a confidence interval?
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