Hi, guys
Is it able to estimates the.parameters of SIR model in dynare ?
Thanks in advanced
Hi, guys
Is it able to estimates the.parameters of SIR model in dynare ?
Thanks in advanced
That is not easily possible as the model is nonlinear. You should be able to use a particle filter, but that may be somewhat involved.
Thanks for your reply
Is there an example ?
In stoch _simul context , it didnot satisfied BK condition —not stable solutions
I am not sure first order solutions make sense here as the model is inherently nonlinear. The model has a generate steady state at 0 and should be explosive off it.