Hi guys, I need your help.
I am using bayesian method to estimate the parameters in my log-linearized model. But I have no idea about what kind of data should be input. Should the data that has been hp filtered be appropriate? Does this kind of data have the same meaning as deviation from steady state as the model does? If not, How can I deal with the raw data?
Thanks!

[quote=âztbhewittâ]Hi guys, I need your help.
I am using bayesian method to estimate the parameters in my log-linearized model. But I have no idea about what kind of data should be input. Should the data that has been hp filtered be appropriate? Does this kind of data have the same meaning as deviation from steady state as the model does? If not, How can I deal with the raw data?
Thanks! [/quote]

as a new learner , i have the same questions, thatâs how to deal with the data? which data should i useďź
if anybody can give us a explanation, thanks a lotă