Meaning of oo_recursive_.PointForecast.density

General DSGE Modeling
1

I would like to know what is contained in oo_recursive_.PointForecast.density.
I run estimation with

forecast = 8,
mh_replic = 50000,
two chains by default,

I seing inside PointForecast.density, my name_var_obs with size [512, 2, 8].
Are they draws of the metropolis?

Thanks a lot

2

As documented in the manual:

Non parametric estimate of the posterior density following the approach
outlined in Skoeld and Roberts (2003). First and second columns are
respectively abscissa and ordinate coordinates.

That is, you have 512 points for the support of your density.

1 Like
3

Thanks a lot dear jpfeifer.

Greetings