35 lines
1.2 KiB
Matlab
35 lines
1.2 KiB
Matlab
function initial_estimation_checks(xparam1,gend,data)
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global dr1_test bayestopt_ estim_params_ options_ oo_ M_
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nv = size(data,1);
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if nv-size(options_.varobs,1)
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disp(' ')
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disp(['Declared number of observed variables = ' int2str(size(options_.varobs,1))])
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disp(['Number of variables in the database = ' int2str(nv)])
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disp(' ')
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error(['Estimation can''t take place because the declared number of observed' ...
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'variables doesn''t match the number of variables in the database.'])
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end
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if nv > M_.exo_nbr+estim_params_.nvn
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error(['Estimation can''t take place because there are less shocks than' ...
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'observed variables'])
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end
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r = rank(data);
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if r < nv
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error(['Estimation can''t take place because the data are perfectly' ...
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' correlated']);
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end
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if ~isempty(strmatch('dsge_prior_weight',M_.param_names))
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[fval,cost_flag,ys,trend_coeff,info] = DsgeVarLikelihood(xparam1,gend);
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else
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[fval,cost_flag,ys,trend_coeff,info] = DsgeLikelihood(xparam1,gend,data);
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end
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if info(1) > 0
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disp('Error in computing likelihood for initial parameter values')
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print_info(info)
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end
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disp(['Initial value of the log posterior (or likelihood): ' num2str(-fval)]);
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