GibbsBVARResult.stable_share#
- property GibbsBVARResult.stable_share: float[source]#
Posterior probability that the system is stable.
The share of retained draws whose companion matrix has every root strictly inside the unit circle. Under a random-walk-centred prior this is routinely well below one, and that is information about the posterior, not a defect: near-unit-root mass is what the prior asserts.