bpvars (version 1.0)

summary.PosteriorBVARs: Provides posterior estimation summary for Bayesian Vector Autoregressions for dynamic panel data

Description

Provides posterior mean, standard deviations, as well as 5 and 95 percentiles of the parameters for all C countries.

Usage

# S3 method for PosteriorBVARs
summary(object, ...)

Value

A list reporting the posterior mean, standard deviations, as well as 5 and 95 percentiles of the country-specific parameters.

Arguments

object

an object of class PosteriorBVARs obtained using the estimate() function applied to Vector Autoregressions containing draws from the posterior distribution of the parameters.

...

additional arguments affecting the summary produced.

Author

Tomasz Woźniak

See Also

estimate.BVARs, specify_bvars

Examples

# specify the model
specification = specify_bvarPANEL$new(
      ilo_dynamic_panel[1:5], 
      exogenous = ilo_exogenous_variables[1:5])
burn_in       = estimate(specification, 5)             # run the burn-in
posterior     = estimate(burn_in, 5)                   # estimate the model
summary(posterior)