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Prior Distribution Data

 

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Prior distribution specification file: An edit box with the full path and name of the marginal prior distribution specification file for your DSGE model. A browse button is connected with the edit box for convenient and safe editing of paths and filenames. For excel spreadsheets YADA supports the selection of a particular sheet.
System prior density file: An edit box with the full path and name of the system prior density file for your DSGE model. A browse button is connected with the edit box for convenient and safe editing of paths and filenames.

 

Additional Information

A more detailed description about how to setup the prior distribution file can also be found in Sections 4.4, 7.4.6, and 17.2 of the YADA Manual.
An example prior file is located in the directory "example\AnSchorfheide\data" directly below the base directory for YADA. The file is simply called "AnSchorfheidePrior.wk1". The same data is also available in the Excel spreadsheet "AnSchorfheidePrior.xls".
An example system prior density file is located in the directory "example\AnSchorfheide\data" directly below the base directory for YADA. The file is called "SystemPriorFile.m".

 

 


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