Hi everyone,
I love the mode_check option in Dynare's estimation command. I've found it really useful. But initially I was confused by the way that parameters which cause instability or multiple solutions are plotted as flat lines, just a little bit higher than the mode.
If you replace the mode_check.m in your Dynare 4.0.2 matlab folder with the one attached here, then parameter values in unacceptable regions are plotted in red, just to make it clear that the model is close to a cliff.
Hope you find it useful.
cheers
Jamie
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Tweak for mode check plots
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Tweak for mode check plots
by JamieHall » Mon Mar 02, 2009 3:33 am
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mode_check.m- (8.21 KiB) Downloaded 604 times
- JamieHall
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Re: Tweak for mode check plots
by Susana » Fri Apr 13, 2012 6:56 pm
Hey! Btw, do you know hoy to save the likelihood function and posterior kernel? Thanks!
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Re: Tweak for mode check plots
by jpfeifer » Sat Apr 21, 2012 12:26 pm
The answer is here: http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=3722
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