# Bvar\_a\_la\_sims query

**URL:** <https://forum.dynare.org/t/bvar-a-la-sims-query/2145>\
**Category:** Dynare help (legacy posts)\
**Created:** [12 September 2011 13:23 UTC](https://forum.dynare.org/t/bvar-a-la-sims-query/2145 "2011-09-12T13:23:41Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![sebastien](https://forum.dynare.org/user_avatar/forum.dynare.org/sebastien/32/19973_2.png) [@sebastien](https://forum.dynare.org/u/sebastien)\
**Post date:** [14 September 2011 13:47 UTC](https://forum.dynare.org/t/bvar-a-la-sims-query/2145/2 "2011-09-14T13:47:24Z")

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Hi,

BVAR is _Bayesian_ estimation, so the result of the estimation is not a point matrix for Phi, but a probability distribution over matrices (the so-called posterior distribution).

The parameters of this distribution are computed when one calls for example the “bvar\_density” function, but they are not stored.

Here is a solution: after a call to “bvar\_density”, run the following command:

```auto
[ny, nx, posterior, prior] = bvar_toolbox(nlags);
```

where “nlags” is the number of lags that you want for the BVAR.

Then the “posterior” variable will be a structure with the following fields:

- df: degrees of freedom of the inverse-Wishart distribution/\*:m]
- S: matrix parameter for the inverse-Wishart distribution/\*:m]
- XXi: first component of the VCV of the matrix-normal distribution (the other one being drawn from the inverse-Wishart)/\*:m]
- PhiHat: mean of the matrix-normal distribution/\*:m]

Also note that there is a bug in the BVAR code when only one lag is requested, see [dynare.org/DynareWiki/KnownBugs](http://www.dynare.org/DynareWiki/KnownBugs) . This bug has been fixed in the unstable snapshot and will be fixed in the next stable release.

Best,

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