Estimation based on IRFs

Estimation
1

I saw that in the latest version of Dynare there is the option to estimate parameters based on moments.

Has anybody integrated that already with the IRFs-matching routine from Pfeiffer’s code?

The goal is to do inference on parameters based on matching IRFs of shocks as, for example, in Mertens Ravn (2011).

Thank you.

2

No, IRF-matching is still on our To-Do-list.

1 Like
3

Thanks!