Dynare forums

Posted: **Mon Jul 19, 2010 9:24 pm**

Does anybody get an idea of how to allow lambda (the parameter which regulates the degree of misspesification in a DSGE-VAR model) to be time varying?

Paolo.

Posted: **Wed Jul 28, 2010 5:42 am**

This is not possible with Dynare. I'm not even sure of the statistical model that would be necessary.

Best

Michel

Dynare forums

DSGE-VAR Lambda time varying

DSGE-VAR Lambda time varying

Re: DSGE-VAR Lambda time varying