| fanchart {vars} | R Documentation |
Time Series plots of VAR forecasts with differently shaded confidence regions (fanchart) for each endogenous variable.
fanchart(x, colors = NULL, cis = NULL, names = NULL, main = NULL, ylab =
NULL, xlab = NULL, col.y = NULL, nc, plot.type = c("multiple",
"single"), mar = par("mar"), oma = par("oma"), ... )
x |
An object of class ‘ |
colors |
Character vector of colors to be used for shading. If unset, a gray color scheme is used. |
cis |
A numeric vector of confidence intervals. If unset the sequence from 0.1 to 0.9 is used (step size 0.1). |
names |
Character vector, names of variables for fancharts. If unset, all variables are plotted. |
main |
Character vector, title for fanchart plots. |
ylab |
Character, ylab for fanchart. |
xlab |
Character, xlab for fanchart. |
col.y |
Character, color for plotted time series. |
plot.type |
Character, if multiple all fancharts appear in one device. |
nc |
Integer, number of columns if plot.type is multiple. |
mar |
Vector, setting of margins. |
oma |
Vector, setting of outer margins. |
... |
Dot argument, passed to plot.ts. |
Bernhard Pfaff
Britton, E., P.G. Fisher and J.D. Whitley (1998), Inflation Report projections: understanding the fan chart, Bank of England Quarterly Bulletin, February, Bank of England, pages 30-37.
## Not run: data(Canada) var.2c <- VAR(Canada, p = 2, type = "const") var.2c.prd <- predict(var.2c, n.ahead = 8, ci = 0.95) fanchart(var.2c.prd) ## End(Not run)