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by samus_soul
Wed Apr 28, 2010 4:31 pm
Forum: Econometric Discussions
Topic: Impulse response functions
Replies: 3
Views: 17558

Re: Impulse response functions

Hi. The variables are logs of fuel exports and manufacturing exports.The data is annual. There is 2 lags to the reduced form VAR (as suggested by AIC criteria).

I have attached the generated responses to this post.

Thanks for any help. :)
by samus_soul
Wed Apr 28, 2010 12:09 am
Forum: Econometric Discussions
Topic: Impulse response functions
Replies: 3
Views: 17558

Impulse response functions

Hi. I having a problem interpreting/understanding the basic impulse response graphs. I have two I(1) variables in a reduced form VAR model using a 1 s.d shock on their residuals. When var1 is shocked, the response from var2 graph is it increases by 0.2 s.ds while a shock in var1 on itself causes a r...

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