Current acceptance ratio-Problem
Posted: Thu Feb 25, 2016 3:49 pm
Dear all,
I have estimated my DSGE model using two versions of Dynare, namely 4.4.3 and unstable version (2016-02-24). I set mh_jscale=0.2.
Dynare version 4.4.3 lead to an acceptance ratio of 0.30, while the unstable version lead to an acceptance ratio which equals to 0.04. What is the reason of such difference?
I have estimated my DSGE model using two versions of Dynare, namely 4.4.3 and unstable version (2016-02-24). I set mh_jscale=0.2.
Dynare version 4.4.3 lead to an acceptance ratio of 0.30, while the unstable version lead to an acceptance ratio which equals to 0.04. What is the reason of such difference?