Hello,
The picking of initial values seems mysterious to me. Is there a way to automate it in a "loop"?
Thank you!
Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
is there a way to "loop" over initial values?
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.
2 posts
• Page 1 of 1
is there a way to "loop" over initial values?
by Dynared » Sat Apr 12, 2014 2:23 am
- Dynared
- Posts: 4
- Joined: Sat Apr 12, 2014 1:54 am
Re: is there a way to "loop" over initial values?
by jpfeifer » Mon Apr 14, 2014 8:03 am
You could program one, but it is preferable to pick better starting values from economic theory or even better, provide an analytical steady state. See "Remark 15 (initval vs. steady_state_model vs. steadystate-file)" in Pfeifer(2013): "A Guide to Specifying Observation Equations for the Estimation of DSGE Models" https://sites.google.com/site/pfeiferecon/Pfeifer_2013_Observation_Equations.pdf
- jpfeifer
- Posts: 6940
- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
2 posts
• Page 1 of 1
Who is online
Users browsing this forum: Google [Bot] and 6 guests