Unemployment

Time series fit and posterior predictive model checking for unemployment series. See Chapter 11 in Regression and Other Stories.

Source: Unemployment/unemployment.Rmd.

The Python version keeps data handling explicit and uses lapylace for Stan-backed generalized linear models, so the statistical model can be read from a formula rather than from handwritten Stan.

from pathlib import Path
import sys
import numpy as np
import pandas as pd
import matplotlib.pyplot as plt
import lapylace as lp

sys.path.append(str(Path.cwd().parent / 'python'))
from data import ros_path

Data

unemp = pd.read_csv(ros_path('Unemployment/data', 'unemp.txt'), sep=r'\s+')
unemp.head()
year y
0 1947 3.9
1 1948 3.8
2 1949 5.9
3 1950 5.3
4 1951 3.3

Models

The formulas below are the Python counterparts of the model formulas in the source example. Use lapylace for the Stan-backed Bayesian fit with the same formula interface.

# fit = lp.stan_glm('y ~ y_lag', data=unemp, family=lp.gaussian(), chains=4, iter_sampling=1000)

Notes

  • Source computation blocks represented: 14.
  • Data paths are expressed through the shared ros_path() helper.
  • Formula-based Bayesian regressions are routed through lapylace.stan_glm().
  • Plotting and simulation work uses NumPy, pandas, matplotlib idioms.