How to interpret results for Impulse, Granger
Posted: Tue Aug 29, 2017 3:44 am
Hi!
Sorry, I understand if the following questions are basic, but I have been trying to do research, and don't have anywhere else to ask. I hope you can help me!
My question is about Impulse Response is:
(1) how do I interpret whether my impulse response is (in)significant?
(2) And how do I know if its at a 1% or % level?
(3) And how do I see whether it's a strong relationship or weak relationship?
(4) And how many periods is it generally accepted for a short-run andmedium-run period?
In case of Granger:
(4) how do I interpret whether my Granger Causality result is (in)significant?
I have attached some examples on Impulse response functions and Granger causality results:
a) response of real stock return(RSR) on oil price shock (ROP)for Germany
b) response of (RSR) on (ROP)for Japan
c) response of (RSR) on (ROP)for UK
d) response of RSR on industrial production
e) Granger causality p-value for each country
Thank you in advance!
Sorry, I understand if the following questions are basic, but I have been trying to do research, and don't have anywhere else to ask. I hope you can help me!
My question is about Impulse Response is:
(1) how do I interpret whether my impulse response is (in)significant?
(2) And how do I know if its at a 1% or % level?
(3) And how do I see whether it's a strong relationship or weak relationship?
(4) And how many periods is it generally accepted for a short-run andmedium-run period?
In case of Granger:
(4) how do I interpret whether my Granger Causality result is (in)significant?
I have attached some examples on Impulse response functions and Granger causality results:
a) response of real stock return(RSR) on oil price shock (ROP)for Germany
b) response of (RSR) on (ROP)for Japan
c) response of (RSR) on (ROP)for UK
d) response of RSR on industrial production
e) Granger causality p-value for each country
Thank you in advance!