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BHSBVAR (version 3.1.2)

Structural Bayesian Vector Autoregression Models

Description

Provides a function for estimating the parameters of Structural Bayesian Vector Autoregression models with the method developed by Baumeister and Hamilton (2015) , Baumeister and Hamilton (2017) , and Baumeister and Hamilton (2018) . Functions for plotting impulse responses, historical decompositions, and posterior distributions of model parameters are also provided.

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Version

Install

install.packages('BHSBVAR')

Monthly Downloads

392

Version

3.1.2

License

GPL (>= 3)

Maintainer

Paul Richardson

Last Published

March 3rd, 2025

Functions in BHSBVAR (3.1.2)

USLMData

U.S. Labor Market Data
HD

Historical Decompositions
HD_Plots

Plot Historical Decompositions
BHSBVAR-package

BHSBVAR: Structural Bayesian Vector Autoregression Models
FEVD_Plots

Plot Forecast Error Variance Decompositions
IRF

Impulse Responses
FEVD

Forecast Error Variance Decompositions
Dist_Plots

Plot Posterior Distributions Against Priors
IRF_Plots

Plot Impulse Responses
BH_SBVAR

Structural Bayesian Vector Autoregression