Bear tool box and input excel

While I am using the Bear toolbox to run time varying parameter model. I am bit confused how can I make my excel sheet to be recognized by the bear app. I import my own excel sheet that I used to collect data and every time I click a run button it says something like exo mean priors not found or something similar to this. I assume there is an excel sheet format that I am supposed to use in bear toolbox but I cannot really find it anywhere. Can anyone help me out?

For your reference: https://www.ecb.europa.eu/press/research-publications/working-papers/html/BEAR_toolbox_v5_1.pdf --> the slide 22 talks about input excel data file but I am confused.

Answer 1

[Sahas]

Hi @Yohan,

The Bear Toolbox documentation clearly states that “the easiest and safest way to create the data for your own project set is to use the ‘data.xlsx’ spreadsheet and adapt it to your own dataset”.

To understand the format for arranging your own data in the "data.xlsx" sheet, please refer to the chapter 2 (page 7 onwards) of the attached Bear Toolbox user guide. This provides a comprehensive explanation of importing your own data to use the “Bear Toolbox” and mention all the rules to follow for organizing the information inside the excel file.

Bear Toolbox User Guide:

BEAR-toolbox/tbx/doc/BEAR_User_guide_v5.pdf at master · european-central-bank/BEAR-toolbox · GitHub