Bayesian DSGE Estimation Example in Julia

Dynare Julia
1

Hello everyone,

I’m looking for a minimal, working example of Bayesian estimation of a DSGE model using Julia.

My goal is to find code that clearly demonstrates the complete process, specifically:

  1. How to run the estimation (e.g., MCMC) to obtain the posterior means of the parameters.

  2. How to use these posterior means to execute forecasting.

I would be grateful for any simple, reproducible example, link, or code snippet.

Thank you!

2

Given limited resources, providing examples, teaching material, and good onboarding in Dynare Julia is unfortunately not a high priority right now (but might change in the future).

With that being said: have you looked at the files in the estimation test folder?

Petre Caraiani also has a User Guide on Dynare Julia.

Hope that helps!

1 Like
3

Thanks for the reply. I understand the situation. I’ll check the estimation test folder and Petre Caraiani’s guide right away.