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invgamstochvol

Obtains the Log Likelihood for an Inverse Gamma Stochastic Volatility Model

v1.0.0 · Aug 18, 2023 · MIT + file LICENSE

Description

Computes the log likelihood for an inverse gamma stochastic volatility model using a closed form expression of the likelihood. The details of the computation of this closed form expression are given in Gonzalez and Majoni (2023) <http://rcea.org/RePEc/pdf/wp23-11.pdf> . The closed form expression is obtained for a stationary inverse gamma stochastic volatility model by marginalising out the volatility. This allows the user to obtain the maximum likelihood estimator for this non linear non Gaussian state space model. In addition, the user can obtain the estimates of the smoothed volatility using the exact smoothing distributions.

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OK 14 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE Mar 10, 2026

Dependency Network

Dependencies Reverse dependencies Rcpp invgamstochvol

Version History

new 1.0.0 Mar 10, 2026
updated 1.0.0 ← 0.1.0 diff Aug 17, 2023
new 0.1.0 Aug 9, 2023