VECM and structural factorization option for variance decomposition
Moderators: EViews Gareth, EViews Jason, EViews Moderator, EViews Matt
VECM and structural factorization option for variance decomposition
Hi. I created a matrix of shocks. Used it for SVAR and also Vecm impulse responses. I used the "structural decomposition" for the SVAR variance decomposition and seems to call my matrix of shocks. However, when I tried to do variance decomposition in VECM using "structural Decomposition," it wasn't available. The only option is Cholesky ordering. why not? This makes my IR and Var Decomposition inconsistent. Please help. Thanks. BA
Who is online
Users browsing this forum: No registered users and 55 guests