Big Likelihood and Marginal likelihood computation

As Dynare 4 is now the main version, this forum is now closed. Please, post
on the Dynare Help forum
Forum rules
As Dynare 4 is the current Dynare version, there forum is now close. Post new question in the Dynare Help Forum.

Big Likelihood and Marginal likelihood computation

Postby Aqua » Fri Jun 20, 2008 3:59 pm

Dear all,

I have one question about the computation of marginal data density in Dynare. When the likelihood of the DSGE is very big (because if we have logL = 3000, exp(logL) gives Inf in matlab) so that the mdd will tend to zero, how does Dynare compute the mdd taking this fact into account?

Thanks in advance for your reply.

Aqua.
Aqua
 
Posts: 7
Joined: Sun Sep 23, 2007 8:50 am

Return to Dynare version 4

Who is online

Users browsing this forum: No registered users and 2 guests