Thanks Matt and Gareth. I will attempt your suggestion.
Regards
John
Search found 3 matches
- Wed Dec 14, 2016 5:18 pm
- Forum: Estimation
- Topic: SVAR Error Messages
- Replies: 5
- Views: 6997
- Wed Dec 14, 2016 3:54 pm
- Forum: Estimation
- Topic: SVAR Error Messages
- Replies: 5
- Views: 6997
Re: SVAR Error Messages
Hi Dakila,
Following on from the paper, I aggregated the data from various sources (FFR, M2, CPI and IP from FRED + commodity price indices from the world bank).
John W
Following on from the paper, I aggregated the data from various sources (FFR, M2, CPI and IP from FRED + commodity price indices from the world bank).
John W
- Wed Dec 14, 2016 3:08 pm
- Forum: Estimation
- Topic: SVAR Error Messages
- Replies: 5
- Views: 6997
SVAR Error Messages
Good Morning, I am trying to estimate a 5 variable Structure VAR (looking at the impact of monetary policy shocks on commodity prices). When I estimate the structural factorisation I get the following error message "Hessian matrix is near singular at final iteration parameter values. When I go ...