Dear Dr Pfeifer,
It seems that I cannot really understand the way that Estimated_params_init block works. The only thing i found about is that: This block declares numerical initial values for the optimizer when these ones are different from the prior mean.
- How should I know if these values are different from the priors ?? since I dont even know the values I should set ?? How can I find these values ??
- I have tried estimating my model without this block, only specifying the priors, and it seems that it works fine. Is that wrong ? should I worry about it??