- New `conditional_likelihood` option to the `estimation` command. When the option is set, instead of using the Kalman filter to evaluate the likelihood, Dynare will evaluate the conditional likelihood based on the first order reduced form of the model, by assuming that the initial state vector is 0 for all the endogenous variables. (b7693c32, f7694208)
- New `conditional_likelihood` option to the `estimation` command. When the option is set, instead of using the Kalman filter to evaluate the likelihood, Dynare will evaluate the conditional likelihood based on the first order reduced form of the model, by assuming that the initial state vector is at its steady state (b7693c32, f7694208)
- The `estimation` command now accepts the `additional_optimizer_steps` option, to sequentially execute several optimizers when looking for the posterior mode (!2178)