Harmonic mean estimator

Dynare help (legacy posts)
1

Hi,

I wanted to know the results for the marginal density of the data conditional on the model.

When I run my mod file it always returns the log data density (I think this is equivalent to Laplace aproximation).
It also says that it computes the harmonic mean estimator, but it does not display the results.

Does anyone know where the results regarding the harmonic mean estimator are stored?

I’ve used the model comparison comand, but it does return the values of the harmonic mean.

Best,
Joao

2

the data density displayed AFTER mcmc is the modified harmonic mean estimator result. the one displayed after the optimiser finishes running and the mode_check command is the laplace approximation.

3

Hi,

Thanks Reuben, you were a great help!
Best,
Joao