summary.FCVAR_lags {FCVAR}

Summarize Statistics from Lag Order Selection

Description

summary.FCVAR_lags prints a summary of the table of statistics from the output of FCVARlagSelect. FCVARlagSelect takes a matrix of variables and performs lag selection on it by using the likelihood ratio test.

Usage

## S3 method for class 'FCVAR_lags'
summary(object, ...)

Arguments

object

An S3 object of type FCVAR_lags containing the results from repeated estimation of the FCVAR model with different orders of the autoregressive lag length. It is the output of FCVARlagSelect.

...

additional arguments affecting the summary produced.

See Also

FCVARoptions to set default estimation options. FCVARestn is called repeatedly within this function for each candidate lag order. summary.FCVAR_lags prints a summary of the output of FCVARlagSelect to screen.

Other FCVAR specification functions: FCVARbootRank(), FCVARlagSelect(), FCVARrankTests(), summary.FCVAR_ranks()

Examples

opt <- FCVARoptions()
opt$gridSearch   <- 0 # Disable grid search in optimization.
opt$dbMin        <- c(0.01, 0.01) # Set lower bound for d,b.
opt$dbMax        <- c(2.00, 2.00) # Set upper bound for d,b.
opt$constrained  <- 0 # Impose restriction dbMax >= d >= b >= dbMin ? 1 <- yes, 0 <- no.
x <- votingJNP2014[, c("lib", "ir_can", "un_can")]
FCVAR_lag_1 <- FCVARlagSelect(x, kmax = 3, r = 3, order = 12, opt)
summary(object = FCVAR_lag_1)