Adding shaded "area bands" options for the confidence area around IRFs
Posted: Thu Mar 01, 2018 7:23 am
Hi:
When plotting impulse responses with +/- 1 S.E. (by programming), +/- 5 S.E. (automatic) confidence band or areas, after a SVAR estimation, it would be very useful to be able to graph the IRF, along with a color shaded "area band". This has often become the standard in papers and articles.
It is currently possible to draw an area band between two curves with the "fill area" option, but it is not possible to draw a separate line (such as the IRF) in foreground.
I assume that this would not be to cumbersome to add this feature.
Thanks for your consideration.
When plotting impulse responses with +/- 1 S.E. (by programming), +/- 5 S.E. (automatic) confidence band or areas, after a SVAR estimation, it would be very useful to be able to graph the IRF, along with a color shaded "area band". This has often become the standard in papers and articles.
It is currently possible to draw an area band between two curves with the "fill area" option, but it is not possible to draw a separate line (such as the IRF) in foreground.
I assume that this would not be to cumbersome to add this feature.
Thanks for your consideration.