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by csm11
Wed Mar 02, 2016 1:14 pm
Forum: Estimation
Topic: Output Problem: User Specified Impulse Responses in SVAR
Replies: 7
Views: 8842

Re: Output Problem: User Specified Impulse Responses in SVAR

Thank you. I understand where the values are coming from now. However, what I'm actually trying to generate is the response of variable Y 1% of GDP shock to variable X. My variables GOV1 and CA_DEF are percentages of GDP, and output is a growth rate, so I assume a 1 unit shock to these variables is ...
by csm11
Wed Mar 02, 2016 10:24 am
Forum: Estimation
Topic: Output Problem: User Specified Impulse Responses in SVAR
Replies: 7
Views: 8842

Re: Output Problem: User Specified Impulse Responses in SVAR

I have attached a sample. The matrices a and b are the short run restrictions. "SVAR model" is the model before imposing restrictions a and b. The matrix "user_specified" are the one unit shocks I'm trying to generate and the graph "user_specified_irf" are the problemat...
by csm11
Tue Mar 01, 2016 6:33 am
Forum: Estimation
Topic: Output Problem: User Specified Impulse Responses in SVAR
Replies: 7
Views: 8842

Output Problem: User Specified Impulse Responses in SVAR

Hi I am trying to generate user specified impulse responses in a 3*3 SVAR. I want to generate 1% of GDP shocks as opposed to standard devaition shocks. I ran my SVAR as usual, then created a mtarix with the size of the shocks. Since i want to shock each variable by 1%, and i want to see the response...

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