Dynare forums

Forums for asking questions, posting comments and uploading examples related to Dynare

Skip to content

Sampling from truncated prior distributions

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.
Topic locked

Sampling from truncated prior distributions

Postby ey2d » Sat Mar 25, 2006 7:43 pm

Michel,

Is there a simple way to sample from a normal prior that is truncated? Or do I need to redefine parameters such that truncation is not necessary? This is not always easy to do.

Eric
ey2d
 
Posts: 2
Joined: Fri Sep 16, 2005 7:01 pm
Top

Postby MichelJuillard » Sun Mar 26, 2006 9:21 am

Hi Eric,

no, at the moment, there is no way to draw from a truncated normal distribution to do simulation with stoch_simul.
I will add it in version 4.

Best

Michel
MichelJuillard
 
Posts: 680
Joined: Thu Nov 18, 2004 10:51 am
Top

Postby ey2d » Sun Mar 26, 2006 2:18 pm

Michel,

Thanks. I was also wondering if you planned on adding a particle filter to the next version. It would facilitate the estimation of second-order solutions.

Eric
ey2d
 
Posts: 2
Joined: Fri Sep 16, 2005 7:01 pm
Top

Postby MichelJuillard » Sun Mar 26, 2006 4:35 pm

Yes, but it is a more distant horizon. I know that Jesus Fernandez-Villaverde and Juan Rubio-Ramirez are making progress as it is obvious in their recent paper "Estimating Macroeconomic Models: A likelihood Approach". It will most likely help us.


Best

Michel
MichelJuillard
 
Posts: 680
Joined: Thu Nov 18, 2004 10:51 am
Top
Topic locked

Return to Dynare help

Who is online

Users browsing this forum: Google [Bot] and 10 guests

Powered by phpBB® Forum Software © phpBB Group