How to forecast after estimation is done?

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.

How to forecast after estimation is done?

Postby use » Tue Dec 04, 2012 7:46 am

Dear All,

I have estimated the model using Bayesian estimation technique. Now I want to load the estimated mean and perform estimation at posterior mean. what command should I write?

Thank you in advance.
Sincerely,
use
 
Posts: 18
Joined: Mon Aug 20, 2012 4:50 pm

Re: How to forecast after estimation is done?

Postby jonathanb » Mon Dec 17, 2012 2:28 pm

Good question in order to save time...
I do not know the answer but I am waiting it :-p

ps: Maybe you mean:"Now I want to load the estimated mean and perform forcasts at posterior mean. What command should I write?"
jonathanb
 
Posts: 54
Joined: Wed Sep 17, 2008 8:52 pm
Location: New York

Re: How to forecast after estimation is done?

Postby jpfeifer » Sat Dec 29, 2012 10:28 am

In that case, put forecast or a similar command into the estimation command. Note also that dynare sets the parameters to the posterior mode after estimation. Hence, stoch_simul after estimation is performed at the mode of the posterior distribution.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
Posts: 6940
Joined: Sun Feb 21, 2010 4:02 pm
Location: Cologne, Germany


Return to Dynare help

Who is online

Users browsing this forum: Google [Bot] and 5 guests