Commit 5271bad5 authored by MichelJuillard's avatar MichelJuillard
Browse files

added details for option mode_compute=0 with no estimated_params block

parent 0fc0a0e6
......@@ -3864,9 +3864,16 @@ Specifies the optimizer for the mode computation:
@item 0
The mode isn't computed. When @code{mode_file} option is specified, the
mode is simply read from that file. When @code{mode_file} option is not
specified, Dynare reports the value of the posterior (likelihood)
evaluated at the initial value of the parameters.
mode is simply read from that file.
When @code{mode_file} option is not
specified, Dynare reports the value of the log posterior (log likelihood)
evaluated at the initial value of the parameters.
When @code{mode_file}
option is not specified and there is no @code{estimated_params} block,
but the @code{smoother} option is used, it is a roundabout way to
compute the smoothed value of the variables of a model with calibrated parameters.
@item 1
Uses @code{fmincon} optimization routine (not available under Octave)
......
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