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- Thu May 14, 2015 4:26 am
- Forum: Estimation
- Topic: Impulse response to Cholesky 1% shock
- Replies: 13
- Views: 44075
Re: Impulse response to Cholesky 1% shock
Hi, I am a bit confused. I am interested in interpreting the responses of 3 variables (all in logs) after innovations in 2 other variables (one in log and one in percent (i.e; 1% is 0,01)) now i rescale my impulse responses by dividing everything by the one SD innovation in the variable in logs. Now...