dynsim
Dynamic Simulations of Autoregressive Relationships
Christopher Gandrud, Laron K Williams, and Guy D Whitten
About
The dynsim package implements Williams and Whitten's (2011, 2012) method for dynamic simulations of autoregressive relationships in R.
Process
There are four basic steps to use dynsim to create dynamic simulations of autoregressive relationships:
Estimate your linear model using
lmor similar functions.Set up starting values for simulation scenarios and (optionally) shock
values at particular iterations (e.g. points in forecasted time).
- Simulate these scenarios based on the estimated model using the
dynsim
function.
- Plot the simulation results with the
dynsimGGfunction.
Examples
For examples please visit https://christophergandrud.github.io/dynsim/.
Install
dynsim is available on CRAN
You can also easily install the latest development version with the devtools package:
devtools::install_github("christophergandrud/dynsim")