Dynare forums

Hi guys,

I'm new to Dynare I have one question.

When you are estimating and you have lised your parameters, shocks etc. in "estimated_params" with relevant priors and so on, is it then nessecary to have the following pieces of code:

1) A liste of shocks, for instance

Code: Select all

shocks;
var ea;
stderr 0.4;
end;

2) Initialisation of estimated parameters?, for instance

Code: Select all

calfa=0.3;
cgamma=1.0;


Thx in advance