jags

JAGS Simulation with Multivariate State-Space Model: The G7 on Food Security

The 49th G7 summit was held recently in Japan. Ukraine was one of the most critical issues at the meeting; most of the session topic was related to problems stemming from Russia’s invasion of Ukraine. One of the problems, aforementioned is food security. Because of the war, energy prices have been up. And that has stimulated food inflation. Of course,Continue reading “JAGS Simulation with Multivariate State-Space Model: The G7 on Food Security”

Military Expenditure Estimation with RJAGS Simulation

The side effect of the ongoing Russian occupation was that it stimulated countries’ intentions to increase their military budgets. Last month following the invasion, Germany announced a budget of 100 billion € for the restructuring of the army and announced that it would spend %2 of its GDP every year. Of course, it is notContinue reading “Military Expenditure Estimation with RJAGS Simulation”