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Single-Equation Penalized Error-Correction Selector (SPECS)

v1.0.1 · Feb 29, 2024 · GPL (>= 2)

Description

Implementation of SPECS, your favourite Single-Equation Penalized Error-Correction Selector developed in Smeekes and Wijler (2021) <doi:10.1016/j.jeconom.2020.07.021>. SPECS provides a fully automated estimation procedure for large and potentially (co)integrated datasets. The dataset in levels is converted to a conditional error-correction model, either by the user or by means of the functions included in this package, and various specialised forms of penalized regression can be applied to the model. Automated options for initializing and selecting a sequence of penalties, as well as the construction of penalty weights via an initial estimator, are available. Moreover, the user may choose from a number of pre-specified deterministic configurations to further simplify the model building process.

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Check History

OK 14 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE Apr 22, 2026
ERROR 13 OK · 0 NOTE · 0 WARNING · 1 ERROR · 0 FAILURE Apr 18, 2026
ERROR r-devel-windows-x86_64

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Installation failed.
See 'd:/Rcompile/CRANpkg/local/4.6/specs.Rcheck/00install.out' for details.
OK 14 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE Mar 10, 2026

Dependency Network

Dependencies Reverse dependencies Rcpp specs

Version History

4 tracked
new 1.0.1 Mar 10, 2026
updated 1.0.1 ← 0.1.1 diff Feb 28, 2024
updated 0.1.1 ← 0.1.0 diff Jul 16, 2020
new 0.1.0 Jul 5, 2020