Dear all,
When I run a bayesian estimation, I find it can be run in version 4.3.3, but not in 4.4.3? The code and data is as attachment.
Thank you very much!
Jie
laborinvest.xls (64 KB)
code.mod (3.51 KB)
What is the error message?
When I run the code in version 4.4.3, it will show “Blanchard Kahn conditions are not satisfied: indeterminacy” while the code works well in version 4.3.3. It puzzles me a lot. Thanks.
It could be that you need to add the
option to estimation.
[quote=“jpfeifer”]It could be that you need to add the
option to estimation.[/quote]
Thank you for your help. Can you tell me where I should put the “diffuse_filter”?
var
varexo
parameters
model
varobs
estimated_params
estimation()
Thanks a lot!
See the manual. It is an option of