How can I change the default tolerance in the main algorithm of Bayesian estimation?
I have an iterative block INSIDE the mod-file with extremely slow convergence to, say, E^-10. I cannot optimise it further than it is currently done. As a result, computing posterior distributions takes ages. I need to decrease the default tolerance to, say E^-6, or something less that internal convergence tolerance. I use MATLAB. I undertsand Dynare uses some standard MATLAB minsearch or something like this, how can I change the default parameters in the correct place?