indeterminate regions during MCMC
Posted: Fri Jun 29, 2012 9:30 amHi All
I understand that dynare during the MCMC iterations only picks those parameter vectors that satisfy Blanchard-Kahn conditions. Is there a way to make it explore the indeterminate regions as well?
Thanks
Reuben
I understand that dynare during the MCMC iterations only picks those parameter vectors that satisfy Blanchard-Kahn conditions. Is there a way to make it explore the indeterminate regions as well?
Thanks
Reuben