Method to calculate standard errors

Dear all,
I am estimating a model. I am wondering which method Dynare uses to calculate standard errors (analytic, Monte Carlo, … ).

Thanks in advance,


Dear Lara,

Standard deviations reported after the estimation are computed using the inverse of (minus) the hessian matrix of the likelihood at the estimated mode. This is a crude estimator because we rely here on a gaussian approximation. After the MCMC the posterior variances can be computed from the monte-carlo draws. These estimates are not printed on screen but are saved in oo_.posterior_variance.

Best, Stéphane.

Dear Stephane,
many thanks.