MultiATSM (version 1.5.0)

Check_comparison_NoBC: check how close the mean or median of the bias-corrected aproach is from the non-corrected approach

Description

check how close the mean or median of the bias-corrected aproach is from the non-corrected approach

Usage

Check_comparison_NoBC(
  K1Z_BC,
  K1Z_NoBC,
  B_check,
  RiskFactors,
  GVARinputs,
  JLLinputs,
  FactorLabels,
  Economies,
  ModelType,
  Use_Mean,
  verbose
)

Arguments

K1Z_BC

feedback matrix after the bias correction procedure

K1Z_NoBC

feedback matrix before the bias correction procedure

B_check

number of bootstrap samples used in the closeness check

RiskFactors

time series of the risk factors (F x T)

GVARinputs

inputs used in the estimation of the GVAR-based models (see "GVAR" function). Default is set to NULL

JLLinputs

inputs used in the estimation of the JLL-based models (see "JLL" function). Default is set to NULL

FactorLabels

string-list based which contains the labels of all variables present in the model

Economies

string-vector containing the names of the economies which are part of the economic system

ModelType

string-vector containing the label of the model to be estimated

Use_Mean

Choose between the mean or the median across the bootstrap iterations.

verbose

Logical flag controlling function messaging.