bsvars

@bsvars.org

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See our 𝗥 packages 𝗯𝘀𝘃𝗮𝗿𝘀, 𝗯𝘀𝘃𝗮𝗿𝗦𝗜𝗚𝗡𝘀, 𝗯𝗽𝘃𝗮𝗿𝘀, 𝗯𝘃𝗮𝗿𝘀, and 𝗦𝘁𝗲𝗮𝗹𝗟𝗶𝗸𝗲𝗕𝗮𝘆𝗲𝘀 developed using frontier econometric methods and 𝗖++ code by @tomaszwozniak.bsky.social and @adamwang15.bsky.social https://bsvars.org/ #bsvars #bsvarSIGNs #bpvars #bvars #rstats

bvars: Bayesian Forecasting with Large Vector Autoregressions

The 'bpvars' package for Forecasting with Bayesian Panel Vector Autoregressions

#StealLikeBayes reverend Thomas Bayes in the Turtles-style bandana :)

Our packages delegate all computational tasks to C++ code. all time-intensive tasks are implemented in C++: estimation and forecasting, ofc. But with Bayesian multivariate dynamic structural non-linear models even simple tasks take time. so impulse responses etc. are implemented in C++ too... and all of them have R wrappers

bsvars.org design concept: Our packages use ReppArmadillo for linear algebra
frontier package for linear algebra linking R with C++ library Armadillo; implements fast random number generators; makes C++ code as expressive as R's (or MATLAB's). we love it!

Our packages rely on C++ code implemented using Rcpp: simple package development; simple setup, compilation, linking, object compatibility with R; parallel computations via openMP; super fast on loops; great community support.

bsvars.org packages design concept: convenience of using R and the speed of algorithms written in C++