Hello, I’m replicating the thesis, “Risk Matters : The Real Effects of volatility shocks, FGRU(AER,2011)”.
The replication asks me to have the skill about bayesian estimation with particle filter(with 3rd order approximation).
Because of my lackness of programming skill, I want to replicate it with Dynare.(I just know about Dynare)
But the Dynare forum says “It is not possible with Dynare.”
Thus, Can I replicate it with Dynare? or Could you give me any information or training code about it so that I can replicate it?
Thanks very much in advance.