Hi everybody
I have a small-open-economy RBC model Bayesian estimation. I have 2 policy A and B . How can I compare these 2 model?
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model comparison
by stavakoli » Sat Jun 24, 2017 9:02 am
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Policyb.mod- (1.81 KiB) Downloaded 132 times
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- Policya.mod
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- stavakoli
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Re: model comparison
by jpfeifer » Thu Jun 29, 2017 1:45 pm
If they are estimated on the same data, you can do Bayesian model comparison using the marginal data density.
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Re: model comparison
by stavakoli » Sat Jul 01, 2017 4:52 am
Thank you for your answer.
but how should I compare using the marginal data density?
but how should I compare using the marginal data density?
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Re: model comparison
by stavakoli » Tue Jul 04, 2017 5:30 am
jpfeifer wrote:If they are estimated on the same data, you can do Bayesian model comparison using the marginal data density.
Thank you for your answer.
but how should I compare using the marginal data density?
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Re: model comparison
by jpfeifer » Mon Jul 10, 2017 3:28 pm
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Re: model comparison
by stavakoli » Wed Jul 12, 2017 6:16 am
jpfeifer wrote:See viewtopic.php?f=1&t=15181
Thank you for your answer jpfeifer
I red that file and add the code
- Code: Select all
model_comparison policyb(0.5) policya(0.5);
It worked but it didn't give me any answer about model comparison. what is the problem? how can I fined the answer?
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