confidence band in impulse response function

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nesreen
Posts: 8
Joined: Fri Jun 20, 2014 3:38 pm

confidence band in impulse response function

Postby nesreen » Sat Jul 12, 2014 8:51 pm

Hi All,

I am using Eviews 8 to estimate a Var Model, in impulse response graph, Does the two dashed lines in each panel represent 95% confidence band or 90%? and how can i know that?

would really appreciate a prompt response,

Thank you

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13600
Joined: Tue Sep 16, 2008 5:38 pm

Re: confidence band in impulse response function

Postby EViews Gareth » Sun Jul 13, 2014 3:46 pm

As stated at the top of the graph, it represents +- 2 Standard Errors.

nesreen
Posts: 8
Joined: Fri Jun 20, 2014 3:38 pm

Re: confidence band in impulse response function

Postby nesreen » Sun Jul 13, 2014 11:14 pm

sorry for the disturbance again, my question is whether this +- 2 band is interpreted as 90 or 95% confidence level? since some papers write 90 while others write 95.. so how can I know that and how can I change it from 90 to 95 and vice versa? Thank you

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13600
Joined: Tue Sep 16, 2008 5:38 pm

Re: confidence band in impulse response function

Postby EViews Gareth » Mon Jul 14, 2014 7:52 am

It is neither. It is +- 2SEs.


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