GetPdynPara_NoBC function

Compute P-dynamics parameters without using the bias correction method from BRW (2012)

GetPdynPara_NoBC(
  ModelType,
  RiskFactors,
  Economies,
  N,
  GVARinputs,
  JLLinputs,
  CheckInpts = F
)

Arguments

• ModelType: string-vector containing the label of the model to be estimated
• RiskFactors: time series of risk factors (F x T). Could be stored in a list depending on the model
• Economies: string-vector containing the names of the economies which are part of the economic system
• N: number of country-specific spanned factors
• GVARinputs: list of necessary inputs for the estimation of GVAR-based models (see "GVAR" function)
• JLLinputs: list of necessary inputs for the estimation of JLL-based models (see "JLL" function)