summary.PosteriorFitted function

Provides posterior summary of variables' fitted values

Provides posterior summary of the fitted values including their mean, standard deviations, as well as 5 and 95 percentiles.

## S3 method for class 'PosteriorFitted'
summary(object, ...)

Arguments

• object: an object of class PosteriorFitted obtained using the compute_fitted_values() function containing draws the predictive density of the sample data.
• ...: additional arguments affecting the summary produced.

Returns

A list reporting the posterior mean, standard deviations, as well as 5 and 95 percentiles of the fitted values for each of the shocks and periods.

Examples

# upload data
data(us_fiscal_lsuw)

# specify the model and set seed
set.seed(123)
specification  = specify_bsvar$new(us_fiscal_lsuw)

# run the burn-in
burn_in        = estimate(specification, 10)

# estimate the model
posterior      = estimate(burn_in, 20)

# compute fitted values
fitted         = compute_fitted_values(posterior)
fitted_summary = summary(fitted)

# workflow with the pipe |>
############################################################
set.seed(123)
us_fiscal_lsuw |>
  specify_bsvar$new() |>
  estimate(S = 10) |> 
  estimate(S = 20) |> 
  compute_fitted_values() |>
  summary() -> fitted_summary

See Also

compute_fitted_values

Author(s)

Tomasz Woźniak wozniak.tom@pm.me