residuals.shrinkTVP: Calculate residuals for an estimated TVP model

In shrinkTVP: Efficient Bayesian Inference for Time-Varying Parameter Models with Shrinkage

Calculate residuals for an estimated TVP model

Description

Calculates the residuals for an estimated TVP model, i.e. y_t - X_t'\beta_t.

Usage

## S3 method for class 'shrinkTVP'
residuals(object, ...)

Arguments

object	a shrinkTVP object.
...	Currently ignored.

Value

An object of class shrinkTVP_resid

Author(s)

Peter Knaus [e-mail]

See Also

Other prediction functions: LPDS(), eval_pred_dens(), fitted.shrinkTVP(), forecast_shrinkTVP(), predict.shrinkTVP()

Examples

# Generate synthetic data
sim <- simTVP(N = 300)

# Estimate a model
res <- shrinkTVP(y ~ x1 + x2, sim$data)

# Calculate residuals
resids <- residuals(res)

# Visualize
plot(resids)

shrinkTVP documentation built on May 29, 2024, 7:24 a.m.