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