Estimation with posterior mode

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Estimation with posterior mode

Postby anacristiuc » Fri Jun 13, 2014 9:02 am

I need to reestimate a model with estimated posterior mode of parameters distribution.

When I replace a priori, with estimated modes my model do not work.

Can anyone give me an exemple how do this task or any advice?

Which block I should delete when a place estimated dynamic parameters?
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Re: Estimation with posterior mode

Postby jpfeifer » Sun Jun 15, 2014 11:34 am

Please specify more explicitly what you are trying to do. If you have previous results you want to load, you can just the mode_file option where you use the _mh_mode-file. If you don't want to run an additional MCMC, you could set mh_replic=0.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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