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manual: fix description of conditional likelihood 

(cherry picked from commit 8e91841a39)
6.x
Johannes Pfeifer 2024-01-29 22:54:43 +01:00 committed by Sébastien Villemot
parent 943461a02f
commit 45f838b559
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doc/manual/source/the-model-file.rst
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@ -6497,8 +6497,8 @@ observed variables.
Do not use the kalman filter to evaluate the likelihood, but instead
evaluate the conditional likelihood, based on the first order reduced
form of the model, by assuming that the initial state vector is 0 for all
the endogenous variables. This approach requires that:
form of the model, by assuming that the initial state vector is at its
steady state. This approach requires that:
1. The number of structural innovations be equal to the number of observed variables.