standardDeviationOfCalendarYearEffect {BALD}R Documentation

A generic function to plot and/or return the posterior of the standard deviation of the calendar year effect for models in BALD.

Description

A generic function to plot and/or return the posterior of the standard deviation of the calendar year effect for models in BALD. See vignette('BALD').

Arguments

object

The object from which to plot and/or return the standard deviation of the calendar year effect.

plotDensity

A logical value. If TRUE, the density is plotted. If plotTrace is also TRUE, then two plots are generated. If they are both FALSE, only the statistics are returned.

plotTrace

A logical value. If TRUE, the trace is plotted. If plotDensity is also TRUE, then two plots are generated. If they are both FALSE, only the statistics are returned.

Value

Mainly called for the side effect of plotting.

See Also

standardDeviationOfCalendarYearEffect("AnnualAggLossDevModelOutput") calendarYearEffect calendarYearEffectErrors autoregressiveParameter

Examples

rm(list=ls())
options(device.ask.default=FALSE)
library(BALD)
data(IncrementalGeneralLiablityTriangle)
IncrementalGeneralLiablityTriangle <- as.matrix(IncrementalGeneralLiablityTriangle)
print(IncrementalGeneralLiablityTriangle)
data(PCE)
PCE <- as.matrix(PCE)[,1]
PCE.rate <- PCE[-1] / PCE[-length(PCE)] - 1
PCE.rate.length <- length(PCE.rate)
PCE.years <- as.integer(names(PCE.rate))
years.available <- PCE.years <= max(as.integer(
dimnames(IncrementalGeneralLiablityTriangle)[[1]]))
PCE.rate <- PCE.rate[years.available]
PCE.rate.length <- length(PCE.rate)
standard.model.input <- makeStandardAnnualInput(
incremental.payments = IncrementalGeneralLiablityTriangle,
stoch.inflation.weight = 1,
non.stoch.inflation.weight = 0,
stoch.inflation.rate = PCE.rate,
exp.year.type = 'ay',
extra.dev.years=5,
use.skew.t=TRUE)
## Not run: 
standard.model.output <- runLossDevModel(
standard.model.input,
burnIn=30.0E+3,
sampleSize=30.0E+3,
thin=10)
standardDeviationOfCalendarYearEffect(standard.model.output)

## End(Not run)

[Package BALD version 1.0.0-3 Index]