is.settings

Checks if settings are a valid object of class <code>settings</code>.

Determining potential output and the output gap - two inherently unobservable variables - is a major challenge for macroeconomists. 'sectorgap' features a flexible modeling and estimation framework for a multivariate Bayesian state space model identifying economic output fluctuations consistent with subsectors of the economy. The proposed model is able to capture various correlations between output and a set of aggregate as well as subsector indicators. Estimation of the latent states and parameters is achieved using a simple Gibbs sampling procedure and various plotting options facilitate the assessment of the results. For details on the methodology and an illustrative example, see Streicher (2024) <https://www.research-collection.ethz.ch/handle/20.500.11850/653682>.

Sina Streicher

sectorgap

Consistent Economic Trend Cycle Decomposition

is.settings function

<dl><dt>x</dt>
<dd>settings object</dd>
<dt>dfl</dt>
<dd>list of data frames, returned by function <code>settings_to_df</code></dd>
<dt>return.logical</dt>
<dd>If <code>return.logical = FALSE</code> (default), an error
message is printed if the object is not of class <code>settings</code>, if
<code>return.logical = TRUE</code>, a logical value is returned</dd></dl>

Arguments

Settings object validity check — is.settings

<dl>

<dt>x</dt>
<dd>settings object</dd>


<dt>dfl</dt>
<dd>list of data frames, returned by function <code>settings_to_df</code></dd>


<dt>return.logical</dt>
<dd>If <code>return.logical = FALSE</code> (default), an error
message is printed if the object is not of class <code>settings</code>, if
<code>return.logical = TRUE</code>, a logical value is returned</dd>

</dl>

is.settings: Settings object validity check

Description

Usage

Value

Arguments