Estimation help

Hi guys,

I’m new to Dynare I have one question.

When you are estimating and you have lised your parameters, shocks etc. in “estimated_params” with relevant priors and so on, is it then nessecary to have the following pieces of code:

  1. A liste of shocks, for instance

shocks; var ea; stderr 0.4; end;

  1. Initialisation of estimated parameters?, for instance

calfa=0.3; cgamma=1.0;

Thx in advance