Dynare forums

Good morning,

I have a model with 11 Observable variables and data size 76.
How long does estimation? Bayesian estimation.

Best regards

Celso

It depends on i) the size of your state space, ii) the number of replications you want if you are doing Bayesian estimation, and iii) the quality of your starting values for mode-finding. Anything is possible from a few minutes to several days.

Thank you, very much.