Released on 23/12/2014:
• | Added tools for utilizing the parallel computing toolbox. Impulse responses for DSGE models are currently supported if the number of allowed computations threads is at least equal to 2. Parallel computing in YADA can be opened and closed from the File menu. |
• | Conditional forecasting subject to the zero lower bound is now supported via anticipated shocks for DSGE models using the initial or the posterior mode parameter values. |
• | Added tools for running a sequence of models. Posterior mode estimation, posterior sampling, and predictive likelihood estimation for DSGE models are currently supported. Model sequences can be selected and the tools run via items on the Model sequence menu-item on the File menu. |
• | Impulse responses using the prior or the posterior parameter draws can now also be computed for the state variables of the DSGE model. |
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