IRIS Toolbox Reference Manual

System Priors (systempriors Objects)

System priors are priors imposed on the system properties of a model as whole, such as shock response functions, frequency response functions, correlations, or spectral densities; moreover, systempriors objects also allow for priors on combinations of parameters. The system priors can be combined with priors on individual parameters.

Systempriors methods:

Constructor

Setting up priors

Getting information about system priors