Visualization of the residuals of an estimated VAR.

Visualization of the residuals of an estimated VAR.

Usage

# S3 method for class 'bayesianVARs_residuals'
plot(
  x,
  dates = NULL,
  vars = "all",
  quantiles = c(0.05, 0.5, 0.95),
  n_col = 1L,
  ...
)

Arguments

x

A bayesianVARs_residuals object.

dates

optional vector of dates for labelling the x-axis. The default values is NULL; in this case, the axis will be labeled with numbers.

vars

character vector containing the names of the variables to be visualized. The default is "all" indicating that the fit of all variables is visualized.

quantiles

numeric vector indicating which quantiles to plot.

n_col

integer indicating the number of columns to use for plotting.

...

Currently ignored.

Value

returns x invisibly

See also

• residuals method for class 'bayesianVARs_bvar': residuals.bayesianVARs_bvar().

• Other plotting plot.bayesianVARs_bvar(), plot.bayesianVARs_fitted(), plot.bayesianVARs_predict(), pairs.bayesianVARs_predict(), posterior_heatmap().

Examples

# Access a subset of the usmacro_growth dataset
data <- usmacro_growth[,c("GDPC1", "CPIAUCSL", "FEDFUNDS")]

# Estimate a model
mod <- bvar(data, sv_keep = "all", quiet = TRUE)

mod.resids <- residuals(mod)

# Visualize
plot(mod.resids)