From f52035a3a0fc7c9d933680d66b1b99b4c7500ca3 Mon Sep 17 00:00:00 2001
From: Marco Ratto <marco.ratto@jrc.ec.europa.eu>
Date: Wed, 18 Jan 2017 13:47:23 +0100
Subject: [PATCH] updated documentation about sub_draws

---
 doc/dynare.texi | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

diff --git a/doc/dynare.texi b/doc/dynare.texi
index 6c88a020ed..e5bff3928b 100644
--- a/doc/dynare.texi
+++ b/doc/dynare.texi
@@ -5265,8 +5265,8 @@ smoothed shocks,  forecast, moments,  IRF).  The  draws used  to compute
 these posterior moments are sampled uniformly in the estimated empirical
 posterior  distribution (@i{ie}  draws of  the MCMC).   @code{sub_draws}
 should  be  smaller than  the  total  number  of MCMC  draws  available.
-Default:  @code{min(posterior_max_subsample_draws,0.25*Total  number  of
-draws)}
+Default:  @code{min(posterior_max_subsample_draws,(Total  number  of
+draws)*(number of chains))}
 
 @item posterior_max_subsample_draws = @var{INTEGER}
 @anchor{posterior_max_subsample_draws} maximum number  of draws from the
-- 
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