add_shockinfo: Adding shocks to 'shockinfo' argument

In mboeck11/BTSM: Bayesian Time Series Models

Adding shocks to 'shockinfo' argument

Description

Adds automatically rows to 'shockinfo' data.frame for appropriate use in irf.

Usage

add_shockinfo(shockinfo=NULL, shock=NULL, restrictions=NULL, sign=NULL, horizon=NULL,
prob=NULL, scale=NULL, horizon.fillup=TRUE)

Arguments

shockinfo	Dataframe to append shocks. If shockinfo=NULL appropriate dataframe for sign-restrictions will be created.
shock	String element. Variable of interest for structural shock. Only possible to add restrictions to one structural shock at a time.
restrictions	Character vector with variables that are supposed to be sign restricted.
sign	Character vector with signs.
horizon	Numeric vector with horizons to which restriction should hold. Set horizon.fillup to FALSE to just restrict one specific horizon.
prob	Number between zero and one determining the probability with which restriction is supposed to hold.
scale	Scaling parameter.
horizon.fillup	Default set to TRUE, horizon specified up to given horizon. Otherwise just one specific horizon is restricted.

Details

This is only possible for sign restriction, hence if ident="sign" in get_shockinfo().

See Also

irf

mboeck11/BTSM documentation built on Oct. 9, 2022, 9:14 p.m.