How one SD shock can be converted into percentage shock
Posted: Tue Nov 21, 2017 11:50 pm
hi,
I calculated IRF for a VAR model with standard deviation shock. Now how can I convert impulse and responses to percentage. In other words, how can be expressed both impulse and responses as percentage?
thanks in advance
I calculated IRF for a VAR model with standard deviation shock. Now how can I convert impulse and responses to percentage. In other words, how can be expressed both impulse and responses as percentage?
thanks in advance