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Expand explanation of use_calibration optiom

time-shift
Johannes Pfeifer 2013-11-07 08:14:10 +01:00
parent 57b33889bb
commit b573218740
1 changed files with 2 additions and 2 deletions
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doc/dynare.texi
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@ -4172,7 +4172,7 @@ end;
@deffnx Block estimated_params_init (@var{OPTIONS}@dots{});
This block declares numerical initial values for the optimizer when
these ones are different from the prior mean.
these ones are different from the prior mean. It should be specified after the @code{estimated_params}-block as otherwise the specified starting values are overwritten by the latter.
Each line has the following syntax:
@ -4186,7 +4186,7 @@ stderr VARIABLE_NAME | corr VARIABLE_NAME_1, VARIABLE_NAME_2 | PARAMETER_NAME
@table @code
@item use_calibration
Use the parameters from calibration as starting values for estimation.
For not specifically intialized parameters, use the deep parameters and the elements of the covariance matrix specified in the @code{shocks}-block from calibration as starting values for estimation. For components of the @code{shocks}-block that were not explicitly specified during calibration or which violate the prior, the prior mean is used.
@end table
@xref{estimated_params}, for the meaning and syntax of the various components.