90% HPD interval

Hi every one

Can some one intepret the Dynare report after the Bayesian estimation as such

Blockquote 90% HPD interval

What the meaning ot 90% HPD interval ?

Thank you so much indeed

This is the Bayesian equivalent of the frequentist confidence interval. See e.g. the textbook of Koop 2003 “Bayesian Econometrics”.