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bsvarSIGNs
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Install from CRAN:
install.packages("bsvarSIGNs")
Install from Github:
library("remotes")
install_github("cran/bsvarSIGNs")
Install by package version:
library("remotes")
install_version("bsvarSIGNs", "2.0")
Attach the package and use:
library("bsvarSIGNs")
Maintained by
Xiaolei Wang
[Scholar Profile | Author Map]
[Scholar Profile | Author Map]
All associated links for this package
10.32614/CRAN.package.bsvarSIGNs . https://github.com/bsvars/bsvarSIGNs/issues . https://bsvars.org/bsvarSIGNs/ . bsvarSIGNs citation info . bsvarSIGNs results . bsvarSIGNs.pdf . Bayesian Analyses of Structural Vector Autoregressions with Sign, Zero, and Narrative Restrictions Using the R Package bsvarSIGNs . bsvarSIGNs_2.0.tar.gz . bsvarSIGNs_2.0.zip . bsvarSIGNs_2.0.zip . bsvarSIGNs_2.0.zip . bsvarSIGNs_2.0.tgz . bsvarSIGNs_2.0.tgz . bsvarSIGNs_2.0.tgz . bsvarSIGNs_2.0.tgz . bsvarSIGNs_2.0.tgz . bsvarSIGNs_2.0.tgz . bsvarSIGNs archive . https://CRAN.R-project.org/package=bsvarSIGNs .
First Published: 2024-07-23
Latest Update: 2024-07-23
Description:
Implements state-of-the-art algorithms for the Bayesian analysis of Structural Vector Autoregressions (SVARs) identified by sign, zero, and narrative restrictions. The core model is based on a flexible Vector Autoregression with estimated hyper-parameters of the Minnesota prior and the dummy observation priors as in Giannone, Lenza, Primiceri (2015) <doi:10.1162/REST_a_00483>. The sign restrictions are implemented employing the methods proposed by Rubio-Ramírez, Waggoner & Zha (2010) <doi:10.1111/j.1467-937X.2009.00578.x>, while identification through sign and zero restrictions follows the approach developed by Arias, Rubio-Ramírez, & Waggoner (2018) <doi:10.3982/ECTA14468>. Furthermore, our tool provides algorithms for identification via sign and narrative restrictions, in line with the methods introduced by Antolín-Díaz and Rubio-Ramírez (2018) <doi:10.1257/aer.20161852>. Users can also estimate a model with sign, zero, and narrative restrictions imposed at once. The package facilitates predictive and structural analyses using impulse responses, forecast error variance and historical decompositions, forecasting and conditional forecasting, as well as analyses of structural shocks and fitted values. All this is complemented by colourful plots, user-friendly summary functions, and comprehensive documentation. The 'bsvarSIGNs' package is aligned regarding objects, workflows, and code structure with the R package 'bsvars' by Woźniak (2024) <doi:10.32614/CRAN.package.bsvars>, and they constitute an integrated toolset.
How to cite:
Xiaolei Wang (2024). bsvarSIGNs: Bayesian SVARs with Sign, Zero, and Narrative Restrictions. R package version 2.0, https://cran.r-project.org/web/packages/bsvarSIGNs. Accessed 22 Feb. 2025.
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