shrinkTVPVAR (version 0.1.1)

gen_TVP_params: Generate TVP_params that can be used as input for a TVP-VAR-SV model

Description

gen_TVP_params creates either a list or a list of lists of hyperparameters in the correct format to be used as input for a TVP-VAR-SV model estimated by shrinkTVPVAR.

Usage

gen_TVP_params(m = 2, for_each_eq = TRUE)

Value

Either a list containing the hyperparameters for all equations or a list of lists containing the hyperparameters for each equation individually.

Arguments

m

The number of equations in the VAR model. Ignored if for_each_eq is set to FALSE. The default value is 2.

for_each_eq

Logical. If TRUE, a list of lists is returned, where each list contains the hyperparameters for one equation. If FALSE, a single list is returned.

Author

Peter Knaus

Examples

# For a 5 equation model
params <- gen_TVP_params(m = 5)

# For a model where all equations share the same hyperparameters
params <- gen_TVP_params(for_each_eq = FALSE)