set_identification_cholesky: set cholesky identification
In joergrieger/bvar: Estimation and forecasting of bayesian VAR models

set cholesky identification

1	set_identification_cholesky()

This function creates an object of the class chol needed for the identification of structural. Identification of structural shocks is important for further analytic steps such as Impulse-Response-Functions or Historical Decomposition. For a Cholesky-decomposition no further inputs are needed, however the ordering of variables in the VAR-model becomes important.

returns an S3 object of the class chol

joergrieger/bvar documentation built on July 3, 2020, 5:34 p.m.