Plotting Posterior Distribution of Phillips Curve Slope in Smets-Wouters Model

Estimation ML/Bayesian estimation
1

Hi All,

I am estimating quite the Smets-Wouters model using the code provided here. I was wondering if there was a way of plotting the posterior distribution of the Phillips curve slope, which itself is a function of a number of different parameters.

Many thanks in advance,

Andy

2

Instead of

prior_function

you can use a

posterior_function

See the manual.

3

Many thanks, that’s very helpful.

Andy