41 lines
1.2 KiB
Matlab
41 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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fval = DsgeLikelihood(xparam1,gend,data);
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if exist(dr1_test)
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disp(dr1_test)
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switch(dr1_test(1))
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case 1
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error('The steady state can''t be found');
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case 2
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error(['Estimation can''t take place because there are an infinity of' ...
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' stable solutions']);
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case 3
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error(['Estimation can''t take place because there is no stable' ...
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' solution']);
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case 4
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error(['Estimation can''t take place because of singularity in Kalman' ...
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' filter']);
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otherwise
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end
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end
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