Search found 2 matches

by Jon
Wed Aug 19, 2009 5:07 pm
Forum: Econometric Discussions
Topic: structural shocks
Replies: 0
Views: 2609

structural shocks

i estimated structural vars in eviews, but am not 100% sure as to what is the one standard deviation structural shock. is the structural shock the diagonals of the B matrix. or are they variances and thus i need to take the square root? or is the one SD structural shock something else altogether?
by Jon
Mon Jul 06, 2009 10:20 pm
Forum: Econometric Discussions
Topic: Interpreting Impulse Responses???
Replies: 0
Views: 3017

Interpreting Impulse Responses???

I have calculated a Vector Error Correction Model, but I am having trouble interpreting the results. When all variables are in first differences and they are in natural log form, I though the interpretation was that they were elasticities. But instead, I have impulse response values which are clarly...

Go to advanced search