SVAR with permanent and transitory shock
Posted: Sat Sep 18, 2021 7:32 pm
Hi!
I am trying to model an SVAR of two variables, log of the real price of commodities (I (1)) and mining investment as a percentage of GDP (I (0)), both series are non-cointegrated. My idea is to be able to see the effects of shocks in the price of commodities in mining investment, and for that I would like to be able to differentiate between permanent and transitory shocks to the price of commodities, but I don't know how to do that in Eviews.
Could anyone help me? Thank you!
I am trying to model an SVAR of two variables, log of the real price of commodities (I (1)) and mining investment as a percentage of GDP (I (0)), both series are non-cointegrated. My idea is to be able to see the effects of shocks in the price of commodities in mining investment, and for that I would like to be able to differentiate between permanent and transitory shocks to the price of commodities, but I don't know how to do that in Eviews.
Could anyone help me? Thank you!