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donotdespair committed Jan 29, 2025
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4 changes: 2 additions & 2 deletions README.Rmd
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Expand Up @@ -25,7 +25,7 @@ An **R** package for Bayesian Estimation of Structural Vector Autoregressions Id
[![R-CMD-check](https://github.com/bsvars/bsvarSIGNs/actions/workflows/R-CMD-check.yaml/badge.svg)](https://github.com/bsvars/bsvarSIGNs/actions/workflows/R-CMD-check.yaml)
<!-- badges: end -->

Implements state-of-the-art algorithms for the Bayesian analysis of Structural Vector Autoregressions 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)](http://doi.org/10.1162/REST_a_00483). The sign restrictions are implemented employing the methods proposed by [Rubio-Ramírez, Waggoner & Zha (2010)](http://doi.org/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)](http://doi.org/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)](http://doi.org/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 including the vignette by Wang & Woźniak (2024). The **bsvarSIGNs** package is aligned regarding objects, workflows, and code structure with the **R** package **bsvars** by [Woźniak (2024)](http://doi.org/10.32614/CRAN.package.bsvars), and they constitute an integrated toolset. It was granted the Di Cook Open-Source Statistical Software Award by the Statistical Society of Australia in 2024.
Implements state-of-the-art algorithms for the Bayesian analysis of Structural Vector Autoregressions 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)](http://doi.org/10.1162/REST_a_00483). The sign restrictions are implemented employing the methods proposed by [Rubio-Ramírez, Waggoner & Zha (2010)](http://doi.org/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)](http://doi.org/10.3982/ECTA14468). Furthermore, our tool provides algorithms for identification via sign and narrative restrictions, in line with the methods introduced by [Antolín-Díaz & Rubio-Ramírez (2018)](http://doi.org/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 including the vignette by [Wang & Woźniak (2024)](https://doi.org/10.48550/arXiv.2501.16711). The **bsvarSIGNs** package is aligned regarding objects, workflows, and code structure with the **R** package **bsvars** by [Woźniak (2024)](http://doi.org/10.32614/CRAN.package.bsvars), and they constitute an integrated toolset. It was granted the Di Cook Open-Source Statistical Software Award by the Statistical Society of Australia in 2024.

<a href="https://bsvars.org"> <img src="https://raw.githubusercontent.com/FortAwesome/Font-Awesome/6.x/svgs/solid/house.svg" width="40" height="40"/> </a>
<a href="mailto:[email protected]"> <img src="https://raw.githubusercontent.com/FortAwesome/Font-Awesome/6.x/svgs/solid/envelope.svg" width="40" height="40"/> </a>
Expand Down Expand Up @@ -96,7 +96,7 @@ This beautiful logo can be reproduced in R using [this file](https://github.com/

## Resources

- a vignette by [Wang & Woźniak (2025)]()
- a vignette by [Wang & Woźniak (2025)](https://doi.org/10.48550/arXiv.2501.16711)
- a [reference manual](https://cran.r-project.org/web/packages/bsvarSIGNs/bsvarSIGNs.pdf)
- a website of the family of packages [bsvars.org](https://bsvars.org/)
- **bsvarSIGNs** on [CRAN](https://cran.r-project.org/package=bsvarSIGNs)
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16 changes: 9 additions & 7 deletions README.md
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Expand Up @@ -24,21 +24,22 @@ and the dummy observation priors as in [Giannone, Lenza, Primiceri
implemented employing the methods proposed by [Rubio-Ramírez, Waggoner &
Zha (2010)](http://doi.org/10.1111/j.1467-937X.2009.00578.x), while
identification through sign and zero restrictions follows the approach
developed by [Arias, Rubio-Ramírez, & Waggoner
developed by [Arias, Rubio-Ramírez, Waggoner
(2018)](http://doi.org/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
restrictions, in line with the methods introduced by [Antolín-Díaz &
Rubio-Ramírez (2018)](http://doi.org/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 including the vignette by Wang & Woźniak
(2024). The **bsvarSIGNs** package is aligned regarding objects,
workflows, and code structure with the **R** package **bsvars** by
[Woźniak (2024)](http://doi.org/10.32614/CRAN.package.bsvars), and they
comprehensive documentation including the vignette by [Wang & Woźniak
(2024)](https://doi.org/10.48550/arXiv.2501.16711). The **bsvarSIGNs**
package is aligned regarding objects, workflows, and code structure with
the **R** package **bsvars** by [Woźniak
(2024)](http://doi.org/10.32614/CRAN.package.bsvars), and they
constitute an integrated toolset. It was granted the Di Cook Open-Source
Statistical Software Award by the Statistical Society of Australia in
2024.
Expand Down Expand Up @@ -138,7 +139,8 @@ file](https://github.com/donotdespair/naklejki/blob/master/bsvarSIGNs/bsvarSIGNs

## Resources

- a vignette by [Wang & Woźniak (2025)]()
- a vignette by [Wang & Woźniak
(2025)](https://doi.org/10.48550/arXiv.2501.16711)
- a [reference
manual](https://cran.r-project.org/web/packages/bsvarSIGNs/bsvarSIGNs.pdf)
- a website of the family of packages [bsvars.org](https://bsvars.org/)
Expand Down

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