View summary information about the posterior draws of the DSGE model parameters from a Markov chains of a DSGE-VAR model, or the draws of the VAR parameters. The results for the DSGE model parameters are divided into the same categories as for the DSGE model. For the VAR parameters, the results are dividid into the following categories:
• | Model information: The data includes the files used by the estimation routine. |
• | Sample and data information: The data contains the selected sample, the length of the training sample, the estimation sample, names of variables, etc. |
• | Posterior draws information: Presents the number of posterior draws, the number of burn-in draws, the number of DSGE model parameter draws that were used for the VAR parameter draws (one VAR parameter draw per DSGE model parameter draw), the choice of posterior mode estimator, choice of inverse Hessian estimator, and the number of the underlying Markov chain of the DSGE model parameters. |
• | DSGE-VAR equations: Displays the VAR equations for the posterior mean and the posterior median. |
• | Residual covariance matrix: Displays the residual covariance matrix at posterior mean and posterior median. |
Additional Information
• | A detailed description about posterior sampling of the DSGE model parameters in the DSGE-VAR model can be found in Section 15.5 of the YADA Manual. |
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