function bounds = prior_bounds(bayestopt) % function bounds = prior_bounds(bayestopt) % computes bounds for prior density. % % INPUTS % bayestopt [structure] characterizing priors (shape, mean, p1..p4) % % OUTPUTS % bounds [double] matrix specifying prior bounds (row= parameter, column=upper&lower bound) % % SPECIAL REQUIREMENTS % none % Copyright (C) 2003-2009 Dynare Team % % This file is part of Dynare. % % Dynare is free software: you can redistribute it and/or modify % it under the terms of the GNU General Public License as published by % the Free Software Foundation, either version 3 of the License, or % (at your option) any later version. % % Dynare is distributed in the hope that it will be useful, % but WITHOUT ANY WARRANTY; without even the implied warranty of % MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the % GNU General Public License for more details. % % You should have received a copy of the GNU General Public License % along with Dynare. If not, see . global options_ pshape = bayestopt.pshape; p3 = bayestopt.p3; p4 = bayestopt.p4; p6 = bayestopt.p6; p7 = bayestopt.p7; prior_trunc = options_.prior_trunc; bounds = zeros(length(p6),2); for i=1:length(p6) switch pshape(i) case 1 if prior_trunc == 0 bounds(i,1) = p3(i); bounds(i,2) = p4(i); else bounds(i,1) = betainv(prior_trunc,p6(i),p7(i))*(p4(i)-p3(i))+p3(i); bounds(i,2) = betainv(1-prior_trunc,p6(i),p7(i))* ... (p4(i)-p3(i))+p3(i); end case 2 if prior_trunc == 0 bounds(i,1) = p3(i); bounds(i,2) = Inf; else bounds(i,1) = gaminv(prior_trunc,p6(i),p7(i))+p3(i); bounds(i,2) = gaminv(1-prior_trunc,p6(i),p7(i))+p3(i); end case 3 if prior_trunc == 0 bounds(i,1) = -Inf; bounds(i,2) = Inf; else bounds(i,1) = norminv(prior_trunc,p6(i),p7(i)); bounds(i,2) = norminv(1-prior_trunc,p6(i),p7(i)); end case 4 if prior_trunc == 0 bounds(i,1) = p3(i); bounds(i,2) = Inf; else bounds(i,1) = 1/sqrt(gaminv(1-prior_trunc, p7(i)/2, 2/p6(i)))+p3(i); bounds(i,2) = 1/sqrt(gaminv(prior_trunc, p7(i)/2, ... 2/p6(i)))+p3(i); end case 5 if prior_trunc == 0 bounds(i,1) = p6(i); bounds(i,2) = p7(i); else bounds(i,1) = p6(i)+(p7(i)-p6(i))*prior_trunc; bounds(i,2) = p7(i)-(p7(i)-p6(i))*prior_trunc; end case 6 if prior_trunc == 0 bounds(i,1) = p3(i); bounds(i,2) = Inf; else bounds(i,1) = 1/gaminv(1-prior_trunc, p7(i)/2, 2/p6(i))+p3(i); bounds(i,2) = 1/gaminv(prior_trunc, p7(i)/2, 2/p6(i))+ p3(i); end otherwise error(sprintf('prior_bounds: unknown distribution shape (index %d, type %d)', i, pshape(i))); end end