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- Sat May 21, 2011 6:52 am
- Forum: Econometric Discussions
- Topic: SVAR Blanchard and Perotti 2002
- Replies: 8
- Views: 7583
Hi Roxana. I think the answer to your question is that the initial data included are I(0). For stationary VARs, the impulse responses should die out to zero and the accumulated responses should asymptote to some (non-zero) constant. I am trying to replicate the same model on Romanian data. Are you s...