Dynare Forum
Comparison with Marginal Density
Estimation
ML/Bayesian estimation
jpfeifer
September 9, 2019, 9:50am
8
I would estimate lambda in this case.
It’s the log of a density, so it will be negative whenever the densities are smaller than 1. It’s not the case that it’s minus the density.
Estimation of linearized DSGE model
show post in topic