Impulse Response Diagnostics for Priors on Parameters in Structural Vector Autoregressions

This paper proposes verifying that the prior distribution of impulse responses in structural VAR models is not unintentionally informative and discusses diagnostic tools to help practitioners ensure their priors do not unduly influence their reported conclusions.

Publication Details

Journal
Federal Reserve Bank of Dallas, Working Papers
Published
2025-02-01
DOI
https://doi.org/10.24149/wp2507
Primary Topic
Fault Detection and Control Systems
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Impulse Response Diagnostics for Priors on Parameters in Structural Vector Autoregressions

Federal Reserve Bank of Dallas, Working Papers
Fault Detection and Control Systems
article

Impulse Response Diagnostics for Priors on Parameters in Structural Vector Autoregressions

article en

Abstract

This paper proposes verifying that the prior distribution of impulse responses in structural VAR models is not unintentionally informative and discusses diagnostic tools to help practitioners ensure their priors do not unduly influence their reported conclusions.

Federal Reserve Bank of Dallas, Working PapersVol. 2025(2507)
Reduced inequalities
Openalex Percentile: Top 97%
Fault Detection and Control Systems
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Impulse Response Diagnostics for Priors on Parameters in Structural Vector Autoregressions · Federal Reserve Bank of Dallas, Working Papers (2025) | TGRS Research Map | TGRS