Changes in version 2.6.0 o added new argument in function 'bgvar', within the 'expert' settings of 'OE.weights': OE.exo o this new argument manipulates the 'getweights' function to allow other entities exogenous variables to influence other entities as well o bug fix regarding estimation with truly exogenous variables o adding of some checks regarding truly exogenous variables Changes in version 2.5.9 (2025-09-22) o updated documentation regarding 'prmean' o fixed bug in .getweights o fixed bug in irfs o fixed bug regarding weakly exogenous variables Changes in version 2.5.8 (2024-09-30) o update mail adress of maintainer o fix for hyperparameters of Minnesota prior Changes in version 2.5.6 (2024-07-03) o some minor bug fixes (numerical issues when estimating single-VARs) Changes in version 2.5.5 (2023-12-13) o fix error on CRAN Changes in version 2.5.3 (2023-12-08) o small change in estimation procedure: countries can now have asymmetric effects, i.e., they are important for other countries o but do have own spillovers (no weakly exogenous variables for particular countries) o add JSS paper to vignette o update maintainer information (mail address) o change 'itemize' to 'describe' in markdown help files. o irf command returns plotted data in list format. o fixed a bug in .getweights(). Changes in version 2.5.2 (2022-10-26) o add JSS publication Changes in version 2.5.1 (2022-09-02) o changes plot styles Changes in version 2.5.0 (2022-05-02) o bugfix in pesaranData (rowSums did not sum up to one) o final version for JSS publication Changes in version 2.4.6 (2022-04-12) o improved memory usage and garbage collection in irf function Changes in version 2.4.4 (2022-04-01) o Implementation of the corrigendum of Carriero, Chan, Clark, and Marcellino (2021, Journal of Econometrics) o added the horseshoe prior (Makalic and Schmidt, 2015, IEEE Signal Processing Letters) o better memory usage o new features: o plag can now be differently specified for endogenous and weakly exogenous variables o bugfix in Ex argument in `bgvar` o bugfix in summary command o bugfix with Wex.restr o bugfix in monthlyData o bugfix in GFEVD o bugfix in summary Changes in version 2.4.2 (2021-11-04) o bugfix in fevd; added additional check Changes in version 2.4.1 (2021-11-04) o bugfix in Rcpp code (occured when using SSVS prior and save.shrink.store=TRUE) o bugfixes in vignette o update of monthlyData dataset Changes in version 2.4.0 (2021-10-06) o bugfix in plotting fitted values o per default no save of containers of shrinkage parameter - decreases significantly memory usage o restructure of example data sets o change print method of rmse / lps Changes in version 2.3.1 (2021-09-10) o small adaptions in help files. o changed some functions to S3 method o changed default options of bgvar() o renaming of functions o bugfix(es) with external variables Changes in version 2.3.0 (2021-08-10) o added reader function for Excel o updated vignette with own section for reading data from excel Changes in version 2.2.2 o small fix in BVAR_linear.cpp Changes in version 2.2.1 o small update to clear errors in CRAN Checks o added output of 'bgvar' function. Now directly shows the number of stable draws when using the function. o added a missing reference in vignette Changes in version 2.2.0 (2021-05-03) o complete redesign of 'irf' function o computation of irf now in C++ o makes use of parallel computing via RcppParallel o additional argument with 'shockinfo' o two new functions: get_shockinfo() and add_shockinfo() as helper function for designing shockinfo argument in irf computation o introduction of 'expert' settings to reduce number of arguments in main functions (bgvar and irf) o conditional predictions now possible within predict function o synchronization of parameter names with accompanied paper o minor bug fixes Changes in version 2.1.4 (2020-11-14) o updated backends of new 'stochvol' package o added dataset 'eerDatasmall' to check functionality of package faster o minor bug fixes Changes in version 2.1.3 (2020-09-30) o fixed typo in vignette Changes in version 2.1.2 (2020-09-14) o adapted various roxygen articles o summary output needs now less space o citations are adapted with Working paper Changes in version 2.1.1 (2020-09-07) o changed argument names of 'bgvar' to be more similar to existing Bayesian packages o 'saves' is now 'draws' o 'burns' is now 'burnin' o changed argument name of 'predict' to be more similar to existing Bayesian packages o 'fhorz' is now 'n.ahead' o added new class 'bgvar.summary' with print method o loglikelihood is saved in class 'logLik' o print methods have now no own helpfile (not necessary) o deleted some printing to the console and use now consistently cat() o rename of some functions o changes related to multithreading o not dependent on foreach and doparallal any more o parLapply for Windows platforms o mclapply for non-Windows platforms o user can also specify own apply function o adapted class 'logLik.bgvar' to class 'logLik' o added 'print' method for classes 'bgvar.hd', 'bgvar.irf', 'bgvar.fevd' o changed argument of 'nhor' to 'n.ahead' of function irf() and gfevd() Changes in version 2.0.1 (2020-06-24) o bug fixes in Rcpp code (wrong overloading of std::pow) Changes in version 2.0 o added truly exogenous variables to the estimation function o verbosity option now available for all functions o user par settings are not affected by BGVAR any more o First CRAN release version.