JBendge
Bayesian Estimation of
Nonlinear Dynamic General Equilibrium (DGE) Models
The aim of the project is to develop a toolkit and a
graphical user interface for the specification, solution,
estimation and simulation of nonlinear DGE models.

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Mailing List
There is a moderated mailing list for news and
discussion about JBendge. Please subscribe if
interested:
https://lists.sourceforge.net/lists/listinfo/jbendge-news
Current Status
JBendge is constantly under development and
collaborators are highly welcomed.
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project version 2.0 beta,
July 19, 2008, (requires Java 6)
download
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solves for linear and
nonlinear optimal policies from nonlinear dynamic first
order conditions with rational expectations
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estimates linearized or
nonlinear models
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estimation and solution
is parallelized to run on multicore CPUs
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Smolyak sparse grid
methods are used to avoid the curse of dimensionality
for function approximation, numerical integration of
expectations and filters
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various nonlinear filters implemented
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interactive parallel
Metropolis-Hastings algorithm for Bayesian posterior
estimation
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platform independent

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