Hi, does anybody can help me about Dynare?. Long time ago I’ve been using Dynare and now I’d like to plot IRF with interval confidence bands, but I don’t know.
Does someone know how to do this??
Best,
Daney
Hi, does anybody can help me about Dynare?. Long time ago I’ve been using Dynare and now I’d like to plot IRF with interval confidence bands, but I don’t know.
Does someone know how to do this??
Best,
Daney
if you want the bayesian irfs
estimation( all the rest…, bayesian_irf, irf=20, conf_sig=0.90)
will give you irfs for 20 periods with 90% HPD intervals.
But it doesn’t run in an calibrated model. Do you how to do it?
If you run a calibrated model, How do you generate a confidence interval?