How to configure bvartools priors for bgvars

franzmohr / bgvars

Bayesian Inference for Global Vector Autoregressive (GVAR) and Global Vector Error Correction (GVEC) Models

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How to configure bvartools priors for bgvars #2

Open laurencehendry opened 10 months ago

laurencehendry commented 10 months ago

Sehr geehrte Herr Mohr, In line 128: https://github.com/franzmohr/bgvars/blob/master/README.Rmd Please could some advice in the readme be provided for how to configure priors (e.g. shrinkage priors, sign restrictions) for this function? Thank you very much, Laurence Hendry (Reserve Bank of Australia)

franzmohr commented 10 months ago

Thanks, will do that during the next days. Note however that sign restrictions are not implemented yet. Maybe you mean the other package by Feldkircher et al.?

laurencehendry commented 9 months ago

Hi Franz, vielen Dank! Und Frohes Neues! Please, which other package by Feldkircher et al. do you refer to here? Thank you very much