Name
scstd — determines bvar function scaling factor
CALLING SEQUENCE
[scale]=scstd(y,nobs,nlag)
PARAMETERS
- Input
y = an (nobs x neqs) matrix of y-vectors in levels
nobs = # of observations in y
nlag = the lag length
- Output
scale = std deviation of the residuals
DESCRIPTION
Determines bvar() function scaling factor using a univariate AR model (called by bvar1() only).
EXAMPLE
scale(j,1) = scstd(ytmp,nobs,nlag);
Example taken from function bvar1 (!)