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Model Sequence

 

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There are two menu items under the model sequence menu item: Select Models and Run Model Sequence.

The first function allows you to select the models that belong to a sequence. The dialog that opens can be used to add and remove models from a sequence, to change the order of the models, and to reset your selection to its initial state.

The second function makes it possible to access certain YADA tools for a sequence of models. For DSGE models, these tools currently cover posterior mode estimation, posterior sampling, predictive likelihood estimation, and marginal predictive moments using the posterior draws. For DSGE-VAR models, marginal and joint posterior mode estimation and posterior sampling of the DSGE model and the VAR parameters are supported, as well as predictive likelihood estimation and  estimation of the marginal predictive moments using posterior draws.

 

 


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