Dear All,
I have estimated the model using Bayesian estimation technique. Now I want to load the estimated mean and perform estimation at posterior mean. what command should I write?
Thank you in advance.
Sincerely,
Good question in order to save time…
I do not know the answer but I am waiting it :-p
ps: Maybe you mean:“Now I want to load the estimated mean and perform forcasts at posterior mean. What command should I write?”
In that case, put forecast or a similar command into the estimation command. Note also that dynare sets the parameters to the posterior mode after estimation. Hence, stoch_simul after estimation is performed at the mode of the posterior distribution.