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41 results

check_dsge_var_model.m

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  • Forked from Dynare / dynare
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    check_dsge_var_model.m 1.67 KiB
    function check_dsge_var_model(Model, EstimatedParameters, BayesInfo)
    
    % Check if the dsge model can be estimated with the DSGE-VAR approach.
    
    % Copyright (C) 2013 Dynare Team
    %
    % This file is part of Dynare.
    %
    % Dynare is free software: you can redistribute it and/or modify
    % it under the terms of the GNU General Public License as published by
    % the Free Software Foundation, either version 3 of the License, or
    % (at your option) any later version.
    %
    % Dynare is distributed in the hope that it will be useful,
    % but WITHOUT ANY WARRANTY; without even the implied warranty of
    % MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
    % GNU General Public License for more details.
    %
    % You should have received a copy of the GNU General Public License
    % along with Dynare.  If not, see <http://www.gnu.org/licenses/>.
    
    if EstimatedParameters.nvn
        error('Estimation::DsgeVarLikelihood: Measurement errors are not allowed!')
    end
    
    if EstimatedParameters.ncn
        error('Estimation::DsgeVarLikelihood: Measurement errors are not allowed!')
    end
    
    if any(vec(Model.H))
        error('Estimation::DsgeVarLikelihood: Measurement errors are not allowed!')
    end
    
    if EstimatedParameters.ncx
        error('Estimation::DsgeVarLikelihood: Structural innovations cannot be correlated using Dynare''s interface! Introduce the correlations in the model block instead.')
    end
    
    if Model.exo_nbr>1 && any(vec(tril(Model.Sigma_e,-1)))
        error('Estimation::DsgeVarLikelihood: Structural innovations cannot be correlated using Dynare''s interface! Introduce the correlations in the model block instead.')
    end
    
    if isequal(BayesInfo.with_trend,1)
        error('Estimation::DsgeVarLikelihood: Linear trend is not yet implemented!')
    end