YADA 3.1
YADA is a program for conducting Bayesian estimation and evaluation
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Program info
Latest version
3.1
Developer
New Area-Wide Model team
Freeware
Absolutely free
Mac
No version
YADA is a program for conducting Bayesian estimation and evaluation of Dynamic Stochastic General Equilibrium (DSGE) and Vector AutoRegressive (VAR) models. It is developed by the New Area-Wide Model (NAWM) team at the Monetary Policy Research Division (formerly the Econometric Modelling Division) within the Directorate General Research of the European Central Bank (ECB). Unlike other DSGE estimation applications, such as Dynare, YADA is a GUI-based program.
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