Log-Likelihood method for Bayesian VARs
Calculates the log-likelihood of Bayesian VAR models generated with
bvar
.
## S3 method for class 'bvar' logLik(object, ...)
object |
A |
... |
Not used. |
Returns an object of class logLik
.
# Access a subset of the fred_qd dataset data <- fred_qd[, c("CPIAUCSL", "UNRATE", "FEDFUNDS")] # Transform it to be stationary data <- fred_transform(data, codes = c(5, 5, 1), lag = 4) # Estimate a BVAR using one lag, default settings and very few draws x <- bvar(data, lags = 1, n_draw = 1000L, n_burn = 200L, verbose = FALSE) # Calculate the log-likelihood logLik(x)
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