MultiATSM (version 1.5.0)

LabFac: Generates the labels for risk factors used in the model

Description

Generates the labels for risk factors used in the model

Usage

LabFac(N, DomVar, GlobalVar, Economies, ModelType)

Value

List containing the risk factor labels for spanned, domestic, star, and global variables, as well as tables for each country and all countries.

Arguments

N

positive integer. Number of country-specific spanned factors. Must be between 1 and 8.

DomVar

character vector. Names of the domestic variables.

GlobalVar

character vector. Names of the global variables.

Economies

character vector. Names of the economies included in the system.

ModelType

character. Model type to be estimated. Permissible choices: "JPS original", "JPS global", "GVAR single", "JPS multi", "GVAR multi", "JLL original", "JLL No DomUnit", "JLL joint Sigma".

Examples

N <- 2
DomVar <- c("inflation", "Output gap")
GlobalVar <- "Commodity Prices"
Economies <- c("U.S.", "Canada", "Germany", "Japan")
ModelType <- "JPS original"
VarLabels <- LabFac(N, DomVar, GlobalVar, Economies, ModelType)