Deriving SEs

questions concerning analysis/theory using program PRESENCE

Deriving SEs

Postby Miguel Licona » Fri May 08, 2009 11:12 am

Howdy,

I am doing a multi-season model with the initial parameterization in Presence. Do I derive the SEs for Psi(t+1) using the same formula I used to derive Psi(t+1)?

Miguel
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Deriving SEs

Postby jhines » Fri May 08, 2009 12:16 pm

Hi Miguel,

No, you'd have to use the delta-method. If you have the latest version of PRESENCE, it's done for you under 'derived parameters'.

Jim
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