Unrecognized function or variable

Estimation ML/Bayesian estimation
1

Dear Professor, i am trying to do this estimation, but when i add the prior distribution for Autoregressive parameters and the Standard deviations, following the referenced paper, the code gives me this type of error: "Unrecognized function or variable ‘beta_pfd’. Error in SimThetaCal_EnergyPolocy.driver (line 461) estim_params_.param_vals = [estim_params_.param_vals; 13, beta_pfd, 0.5, 0.2, 0, NaN, NaN, NaN, NaN, NaN ];
Error in dynare (line 281) evalin(‘base’,[fname ‘.driver’]); "

SimThetaCal_EnergyPolocy2015.mod (2.9 KB)

Someone can say why i have this kind of problem? Thanks to all.

Alessia

2

It seems that 'beta_pfd" is the problem. it should be ‘beta_pdf’

2 Likes
3

Thank you very much, it seems to be working now, I hope it gives me the correct results!!