least_info_kernel {ffp}R Documentation

Least Information Kernel-Smoothing

Description

This is an internal function that uses the kernel-smoothing approach to compute the posterior probabilities that satisfies some macroeconomic statement.

Usage

least_info_kernel(Y, y, h2)

Arguments

Y

A matrix with the macroeconomic indicators.

y

A numeric scalar with the target to which Y is expected to be near by.

h2

A matrix with the covariance of the Y factor.

Value

A vector with the new probability distribution.


[Package ffp version 0.2.2 Index]