A method to plot and/or return the esimtated rate of decay vs development year time for break models.
The object from which to plot and/or return the estimated rate of decay.
A logical value. If TRUE, then the plot is generated and the statistics are returned; otherwise only the statistics are returned.
Mainly called for the side effect of plotting. Also returns the plotted statistics. Returned invisibly.
The simplest definition of the rate of decay is the exponentiated first difference of the consumption path. The break model has two rates of decay. One which applies to exposure years prior to a structural break. And another which applies after the break. This is a method to allow for the retrieval and illustration of these rates of decay.
Because the model is Bayesian, the estimated rates of decay come as distributions; only the medians are plotted and/or returned.
rateOfDecay
rateOfDecay("StandardAnnualAggLossDevModelOutput")
consumptionPath