![[Experimental]](figures/lifecycle-experimental.svg)
Set factor size and prior for factor.
Usage
set_factor(size_factor = 0, factor_lag = 0)
Arguments
- size_factor
Factor dimension. If 0, factor is not used.
- factor_lag
Lag for the factor autoregressions.
References
Korobilis, D. (2022). A new algorithm for structural restrictions in Bayesian vector autoregressions. European Economic Review, 148, 104241.
