Posterior mode green dashed line?

[Robert]

Hi Jesse,

Have a look at this older answer of Stephane. It’s basically what Reuben said.

Green dashed lines

Hi Tommaso, On your guide (chapter 5 I think) you mention that dynare plots a green dashed line at the posterior mode. In a few cases, I found that the green line does not coincide with the peak of the simulated posterior. In `Practicing Dynare’, for example, there are a few graphs where this happens. Is this an indication that Metropolis-Hastings has found a `better’ mode and that one should re-run the estimation from different starting values? Thanks, Mariano

Best

Rob