function initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations) % function initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations) % Checks data (complex values, ML evaluation, initial values, BK conditions,..) % % INPUTS % xparam1: vector of parameters to be estimated % gend: scalar specifying the number of observations % data: matrix of data % % OUTPUTS % none % % SPECIAL REQUIREMENTS % none % Copyright (C) 2003-2011 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 dr1_test bayestopt_ estim_params_ options_ oo_ M_ nv = size(data,1); if nv-size(options_.varobs,1) disp(' ') disp(['Declared number of observed variables = ' int2str(size(options_.varobs,1))]) disp(['Number of variables in the database = ' int2str(nv)]) disp(' ') error(['Estimation can''t take place because the declared number of observed' ... 'variables doesn''t match the number of variables in the database.']) end if nv > M_.exo_nbr+estim_params_.nvn error(['Estimation can''t take place because there are less shocks than' ... 'observed variables']) end if options_.dsge_var [fval,cost_flag,info] = DsgeVarLikelihood(xparam1,gend); else [fval,cost_flag,ys,trend_coeff,info] = DsgeLikelihood(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations); end % when their is an analytical steadystate, check that the values % returned by *_steadystate match with the static model if options_.steadystate_flag [ys,check] = feval([M_.fname '_steadystate'],... oo_.steady_state,... [oo_.exo_steady_state; ... oo_.exo_det_steady_state]); if size(ys,1) < M_.endo_nbr if length(M_.aux_vars) > 0 ys = add_auxiliary_variables_to_steadystate(ys,M_.aux_vars,... M_.fname,... oo_.exo_steady_state,... oo_.exo_det_steady_state,... M_.params,... options_.bytecode); else error([M_.fname '_steadystate.m doesn''t match the model']); end end oo_.steady_state = ys; % Check if the steady state obtained from the _steadystate file is a % steady state. check1 = 0; if isfield(options_,'unit_root_vars') && options_.diffuse_filter == 0 if isempty(options_.unit_root_vars) if ~options_.bytecode check1 = max(abs(feval([M_.fname '_static'],... oo_.steady_state,... [oo_.exo_steady_state; ... oo_.exo_det_steady_state], M_.params))) > options_.dynatol ; else [info, res] = bytecode('static','evaluate',oo_.steady_state,... [oo_.exo_steady_state; ... oo_.exo_det_steady_state], M_.params); check1 = max(abs(res)) > options_.dynatol; end if check1 error(['The seadystate values returned by ' M_.fname ... '_steadystate.m don''t solve the static model!' ]) end end end end if info(1) > 0 disp('Error in computing likelihood for initial parameter values') print_info(info, options_.noprint) end if any(abs(oo_.steady_state(bayestopt_.mfys))>1e-9) && (options_.prefilter==1) disp(['You are trying to estimate a model with a non zero steady state for the observed endogenous']) disp(['variables using demeaned data!']) error('You should change something in your mod file...') end disp(['Initial value of the log posterior (or likelihood): ' num2str(-fval)]);