Dynare Forum
Weird diagnostic plots
Estimation
ML/Bayesian estimation
jpfeifer
December 7, 2023, 12:10pm
16
That depends on what you observe. But yes, output growth should have that representation.
What do you mean with “scale”? The mean of the data and the model equivalent should coincide by construction.
See
Bayesian estimation question - #5 by jpfeifer
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