Hi all,

I was wondering if there is a way to have Dynare evaluate the likelihood and/or posterior density at a single parameter guess? I’m trying to build the likelihood and posterior density for the Smets Wouters 07 model but without the use of Dynare.

I’ve managed to solve the model (which I checked by comparing the second-moments of the endogenous variables in my hand-written code against dynare) but given the problems I’ve encountered, I’m a lot less certain that I haven’t screwed up my computation of posterior likelihood