[quote=“jpfeifer”]How are you supposed to get Bayesian IRFs when you do not run a MCMC by setting
After deleted mh_replic
, it is reported that
[list]Error using chol
Matrix must be positive definite.
Error in metropolis_hastings_initialization (line 68)
d = chol(vv);
Error in random_walk_metropolis_hastings (line 62)
ix2, ilogpo2, ModelName, MetropolisFolder, fblck, fline, npar, nblck, nruns, NewFile, MAX_nruns, d ] =
…
Error in dynare_estimation_1 (line 782)
feval(options_.posterior_sampling_method,objective_function,options_.proposal_distribution,xparam1,invhess,bounds,dataset_,options_,M_,estim_params_,bayestopt_,oo_);
Error in dynare_estimation (line 89)
dynare_estimation_1(var_list,dname);
Error in realestate_model (line 557)
dynare_estimation(var_list_);
Error in dynare (line 180)
evalin(‘base’,fname) ;/list]
Does it mean that my model is wrong?