The RATS Software Forum

Thank you very much for your answer. Actually, that is what I have done, using this matrix: "declare rect priormat(neqn,neqn) input priormat 1.0 0.00001 0.00001 0.00001 0.00001 0.00001 0.5 1.0 0.5 0.00001 0.00001 0.00001 0.5 0.5 1.0 0.00001 0.00001 0.00001 0.5 0.5 0.5 1.0 0.5 0.5 0.5 0.5 0.5 0....

Dear Tom,

Is it possible to estimate a Bayesian VAR with block exogeneity (ie a NEAR-VAR with priors) with RATS?

Thank you in advance.
JBG