Is bear toolbox good for Bayesian single equation time varying cofficient model?

While I am doing a Bayesian single equation time varying coefficient model, I wonder if Bear toolbox is useful since it seems like Bear is created for VAR model (which is mostly dealing with two equations).

Furthermore, what is the best toolbox I can use to run a bayesian time varying parameter model that is dealing with single equation model.

Answer 1

[aditi bagora]

Hello Yohan,

I understand that you want to implement Bayesian time-varying model. You can use the Econometrics Toolbox that provides bayesian tools for developing time-varying models and learn from data.

Please refer to the following documentation links for more information:

• https://www.mathworks.com/products/econometrics.html
• https://www.mathworks.com/videos/what-is-econometrics-toolbox-1649230909690.html

Hope this helps!