indeterminate regions during MCMC

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indeterminate regions during MCMC

Postby reubenpjacob » Fri Jun 29, 2012 9:30 am

Hi All
I understand that dynare during the MCMC iterations only picks those parameter vectors that satisfy Blanchard-Kahn conditions. Is there a way to make it explore the indeterminate regions as well?

Thanks
Reuben
reubenpjacob
 
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