Merge branch 'conditional_lik_doc' into 'master'

manual: fix description of conditional likelihood

See merge request Dynare/dynare!2272
dprior
Sébastien Villemot 2024-01-30 10:17:07 +00:00
commit c125d35347
2 changed files with 4 additions and 3 deletions

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@ -230,7 +230,8 @@ Dynare misc commands
Searches all occurrences of a variable in a model, and prints the
equations where the variable appear in the command line window. If OPTION is
set to `withparamvalues`, the values of the parameters (if available) are
displayed instead of the name of the parameters.
displayed instead of the name of the parameters. Requires the `json` command
line option to be set.
*Example*

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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.