Does anyone have an example on this? Bayesian VAR with user-provided priors (Prior type Litterman/Minnesota).
From the user's guide "Coefficient means. Fill in the edit box with the name of a vector in the workfile containing a prior mean for the coefficients. Coefficient covariance. If desired, you may provide the name of a matrix containing a prior covariance for the coefficients."
Looking to see how this is implemented in practice.
Thanks!
Example of user-specified priors for Bayesian VAR
Moderators: EViews Gareth, EViews Moderator
Who is online
Users browsing this forum: No registered users and 2 guests
