A mvgam_irf object returned by function irf.
Run methods(class = "mvgam_irf") to see an overview of available methods.
Details
Generalized or Orthogonalized Impulse Response Functions can be
computed using the posterior estimates of Vector Autoregressive parameters.
This function generates a positive "shock" for a target process at time
t = 0 and then calculates how each of the remaining processes in the
latent VAR are expected to respond over the forecast horizon h. The
function computes IRFs for all processes in the object and returns them in
an array that can be plotted using the S3 plot function. To inspect
community-level metrics of stability using latent VAR processes, you can
use the related stability() function.
A mvgam_irf object contains a list of posterior impulse response
functions, each stored as its own list