MinnesotaPrior {ConnectednessApproach} | R Documentation |
Get Minnesota Prior
MinnesotaPrior(gamma = 0.1, k, nlag)
gamma |
Diagonal value of variance-covariance matrix |
k |
Number of series |
nlag |
Lag length |
Get Minnesota Prior
David Gabauer
Koop, G., & Korobilis, D. (2010). Bayesian multivariate time series methods for empirical macroeconomics. Now Publishers Inc.
prior = MinnesotaPrior(0.1, k=4, nlag=1)