Page 1 of 1

Warning: Matrix close to singular or badly scaled

PostPosted: Sat Apr 07, 2012 1:30 pm
by ThermoStat
Hi, I'm receiving this warning in Dynare 4.2.1:

MH: I'm computing the posterior mean and covariance... Warning: Matrix is close to singular or badly scaled.
Results may be inaccurate. RCOND = 9.491241e-17.
> In compute_mh_covariance_matrix at 74
In marginal_density at 50
In dynare_estimation_1 at 889
In dynare_estimation at 62
In soe at 394
In dynare at 132

And also:

MH: The support of the weighting density function is not large enough...
MH: I increase the variance of this distribution.
...
MH: There's probably a problem with the modified harmonic mean estimator.

Can somebody please explain what this means and what I can do about it?

Re: Warning: Matrix close to singular or badly scaled

PostPosted: Sat Apr 07, 2012 1:42 pm
by ThermoStat
After the estimation results, it also says: Log data density is -Inf

Re: Warning: Matrix close to singular or badly scaled

PostPosted: Wed Apr 18, 2012 7:20 pm
by jpfeifer
Please post the mod and data-files