Severe low water status issued for Carp River watershed

A hot dry summer has left eastern Ontario's watersheds parched for water. The watershed status for the Carp River has been upgraded to Level 3.

Ancienne abbaye cistercienne de Theuley à Vars - PA70000045 - Monumentum

Le Monument Historique Ancienne abbaye cistercienne de Theuley, référence PA70000045, est situé Place de la Corvée du Coq 70600 Vars

Fast and Efficient Bayesian Analysis of Structural Vector Autoregressions Using the R Package bsvars

The R package bsvars provides a wide range of tools for empirical macroeconomic and financial analyses using Bayesian Structural Vector Autoregressions. It uses frontier econometric techniques and C++ code to ensure fast and efficient estimation of these multivariate dynamic structural models, possibly with many variables, complex identification strategies, and non-linear characteristics. The models can be identified using adjustable exclusion restrictions and heteroskedastic or non-normal shocks. They feature a flexible three-level equation-specific local-global hierarchical prior distribution for the estimated level of shrinkage for autoregressive and structural parameters. Additionally, the package facilitates predictive and structural analyses such as impulse responses, forecast error variance and historical decompositions, forecasting, statistical verification of identification and hypotheses on autoregressive parameters, and analyses of structural shocks, volatilities, and fitted values. These features differentiate bsvars from existing R packages that either focus on a specific structural model, do not consider heteroskedastic shocks, or lack the implementation using compiled code.

Bayesian Vector Autoregressions

La fusion entre Vars, Montignac et Saint-Amant-de-Boixe a-t-elle des chances d’aboutir ? Réponses dans CL’invité

Jean-Marc de Lustrac, maire de Vars, prône la fusion de sa commune avec Montignac et Saint-Amant-de-Boixe. Il défend ses arguments sur le plateau de CLTV. Ses contradicteurs n’ont pas accepté de débattre.