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Plots ranked shock contributions over selected historical periods

Source: R/plot-event.R
plot_shock_ranking.Rd

Plots structural shocks ordered by the absolute or signed magnitude of their contributions over a selected historical period.

Usage

plot_shock_ranking(
  object,
  start = NULL,
  end = start,
  variables = NULL,
  models = NULL,
  ranking = c("absolute", "signed"),
  top_n = NULL,
  probability = 0.9,
  ...
)

Arguments

object

A posterior model object, PosteriorHD, or a table of ranked structural-shock contributions.

start

First time index to include when object is not already a shock ranking table.

end

Last time index to include. Defaults to start.

variables

Variables whose historical decompositions are included.

models

Model specifications to include.

ranking

One of "absolute" or "signed".

top_n

Optional number of top-ranked shocks to keep per model-variable panel.

probability

Probability mass of the equal-tailed credible interval.

...

Additional arguments passed to shock_ranking().

Value

A ggplot object.

Examples

data(us_fiscal_lsuw, package = "bsvars")
spec <- bsvars::specify_bsvar$new(us_fiscal_lsuw, p = 1)
#> The identification is set to the default option of lower-triangular structural matrix.
post <- bsvars::estimate(spec, S = 5, show_progress = FALSE)

p <- plot_shock_ranking(post, start = "1948.25", end = "1948.5")