interval_to_moments: Interval to moments
In ankargren/mfbvar: Mixed-Frequency Bayesian VAR Models

Description Usage Arguments Value Examples

Convert a matrix of 100*(1-alpha) % prior probability intervals for the steady states to prior moments.

1	interval_to_moments(prior_psi_int, alpha = 0.05)

`prior_psi_int`	Matrix of size `(n_determn_vars) 2` with the prior 95 % prior probability intervals.
`alpha`	`100*(1-alpha)` is the prior probability of the interval

A list with two components:

`prior_psi_mean`	The prior mean of psi
`prior_psi_Omega`	The prior covariance matrix of psi

1
2
3

prior_intervals <- matrix(c(0.1, 0.2,
                            0.4, 0.6), ncol = 2, byrow = TRUE)
psi_moments <- interval_to_moments(prior_intervals)