Usporedite metode

	Bayesov vektorski model korekcije pogreške (Bayesian VECM)	Bayesov ARIMA model
Područje	Ekonometrija	Ekonometrija
Obitelj	Regression model	Regression model
Godina nastanka	2002–2005	1970s (ARIMA); Bayesian extension prominent from 1990s
Tvorac	Kleibergen & Paap; Villani	Pole, West & Harrison (Bayesian treatment); Box & Jenkins (ARIMA foundation)
Vrsta	Bayesian multivariate time series model	Bayesian time series model
Temeljni izvor	Kleibergen, F., & Paap, R. (2002). Priors, posteriors and Bayes factors for a Bayesian analysis of cointegration. Journal of Econometrics, 111(2), 223–249.	Pole, A., West, M., & Harrison, J. (1994). Applied Bayesian Forecasting and Time Series Analysis. Chapman & Hall. ISBN: 978-0412416903
Drugi nazivi	Bayesian VECM, B-VECM, Bayesian cointegrated VAR, Bayesian vector error correction	Bayesian ARIMA, BARIMA, Bayesian Box-Jenkins model, Bayesian integrated time series model
Srodne	5	6
Sažetak	The Bayesian VECM combines the classical Vector Error Correction Model — which captures both short-run dynamics and long-run cointegrating relationships among non-stationary multivariate time series — with Bayesian prior distributions over the cointegrating rank and coefficient matrices. This allows principled uncertainty quantification, incorporation of economic theory as priors, and coherent inference even in small samples.	The Bayesian ARIMA model combines the classical Box-Jenkins ARIMA framework with Bayesian inference. Instead of obtaining single point estimates for autoregressive and moving average parameters, it places prior distributions over them and uses observed data to update beliefs into a full posterior distribution, enabling coherent uncertainty quantification and probabilistic forecasting.